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BenDavid-Hadar, Iris; Ziderman, Adrian – Education Economics, 2011
This paper sets out a new budget allocation formula for schools, designed to achieve a more equitable distribution of educational achievement. In addition to needs-based elements, the suggested composite allocation formula includes an improvement component, whereby schools receive budgetary allocations based on a new incentive measure developed in…
Descriptors: Funding Formulas, Budgeting, Academic Achievement, Foreign Countries