Article ID: | iaor20171082 |
Volume: | 68 |
Issue: | 4 |
Start Page Number: | 377 |
End Page Number: | 389 |
Publication Date: | Apr 2017 |
Journal: | J Oper Res Soc |
Authors: | Grosskopf Shawna, Weber William L, Hayes Kathy, Taylor Lori |
Keywords: | statistics: data envelopment analysis, simulation, government |
We use data envelopment analysis to model the educational production function, and then explore how a shift to weighted student funding using the student weights embedded in the Texas School Finance Formula would alter the allocation of inputs and potential outputs. School outputs are measured as value‐added reading and math scores on standard achievement tests. We find that if school districts allocated their resources efficiently, then they would not allocate their resources to campuses according to the funding model weights. Policies that promote greater efficiency would also enhance equity in educational outcomes.