Effects of higher education subsidies on equity and efficiency across developmental stages

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Authors

Getachew, Yoseph

Journal Title

Journal ISSN

Volume Title

Publisher

Elsevier

Abstract

This study investigates the impact of taxes and subsidies for higher education on equity–efficiency trade-offs under various phases of higher education development. A scholarship program emerges as the most effective subsidy for higher education across all developmental stages. During both early and later phases, a universal grant proves more effective than a scholarship grant in reducing inequality. At the later stages of higher education development, the enrollment rate increases for universal grants but decreases for other policies, implying that the recent shift away from universal grant schemes in the UK could lead the enrollment rate to decline.

Description

DATA AVAILABILITY : The matlab code is available on Mendeley. Matlab code for Effects of Higher Education Subsidy (Original data) (Mendeley Data)

Keywords

Education subsidy, Equity, Efficiency, Externality, Phases of higher education, SDG-04: Quality education

Sustainable Development Goals

SDG-04:Quality Education

Citation

Getachew, Y. 2024, 'Effects of higher education subsidies on equity and efficiency across developmental stages', Economic Modelling, vol. 136, art. 106754, pp. 1-17, doi : 10.1016/j.econmod.2024.106754.