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Ram, Rati – Education Economics, 2004
Using state-level panel data, this study estimates a simple achievement function in the fixed-effects format to explore further the nexus between school expenditure and student achievement in the United States. Five main points are noted. First, the effect of per-pupil expenditure is positive and carries high statistical significance in some…
Descriptors: Expenditures, Academic Achievement, Statistical Data, College Entrance Examinations