| By: |
Beath, John;
Poyago-Theotoky, Joanna;
Ulph, David |
| 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. -- |
| Keywords: |
university funding systems,higher education,research quality,teaching quality,university budget constraint |
| JEL: |
I21 I22 I23 |
| Date: |
2011 |
| URL: |
https://d.repec.org/n?u=RePEc:zbw:ifwedp:20111 |