ERIC Number: ED065925
Record Type: RIE
Publication Date: 1972
Reference Count: N/A
Toward a Rational Educational Policy. An Econometric Analysis of Ontario, Canada, 1950-65 with Tests 1966-68 and Projections 1969-75.
Handa, M. L.
This report describes some models the author developed to investigate the simultaneous interaction of decisionmakers in a province-wide educational system and to help formulate educational policy for achieving specified enrollments and expenditures. In chapter one, the author describes the models that examine the process of simultaneous interaction among behavioral economic relations and traces the effects of shifts in certain variables. Chapter two is given to a discussion of the model objectives -- to estimate (1) the quantitative magnitudes of the aggregate demand for education and its impact on educational expenditure for 1970-75 and (2) the provincial government's financial support to schools. Also analyzed are some alternative policy options to meet expenditure requirements. Estimated results are analyzed in chapter three, chapter four deals with the period beyond the sample period (1950-65) on which the estimated equations are based, and chapter five reviews the main results of the study. (Author/JF)
Descriptors: Cost Estimates, Decision Making, Economic Research, Educational Finance, Educational Policy, Educational Research, Enrollment Projections, Expenditures, Higher Education, Mathematical Models, Public Schools, Research Design, Statistical Analysis, Statistics, Tables (Data)
Publications Sales Office, Ontario Institute for Studies in Education, 252 Bloor Street West, Toronto 5, Ontario (Canada) ($12.00)
Publication Type: N/A
Education Level: N/A
Authoring Institution: Ontario Inst. for Studies in Education, Toronto.