Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/44431
Authors: 
Beath, John
Poyago-Theotoky, Joanna
Ulph, David
Year of Publication: 
2011
Series/Report no.: 
Economics Discussion Papers 2011-1
Abstract: 
We address the following question: how does a higher education funding system influence the trade-off that universities make between research and teaching? We do so by constructing a model that allows universities to choose actively the quality of their teaching and research when faced with different funding systems. In particular, we derive the feasible sets that face universities under such systems and show how, as the parameters of the system are varied, the nature of the university system itself changes. The culture of the university system thus becomes endogenous. This makes the model useful for the analysis of reforms in funding and also for international comparisons.
Subjects: 
university funding systems
higher education
research quality
teaching quality
university budget constraint
JEL: 
I21
I22
I23
Creative Commons License: 
http://creativecommons.org/licenses/by-nc/2.0/de/deed.en
Document Type: 
Working Paper

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