Abstract: Little empirical attention has been paid to state capital expenditures for higher education. While some anecdotal evidence exists that the process of appropriating capital dollars to higher education institutions is a particularly political process, no study has systematically examined the determinants of higher education state capital spending. This study counters this scholarly oversight by employing a longitudinal analysis of the factors associated with state capital expenditures for higher education. Panel data is used including political, higher education sector, and economic and demographic variables from 1988–2004 on all 50 states. Our fixed effects analysis reveals that the process is indeed political. Numerous political factors were significantly associated with capital expenditures for higher education, including political culture, electoral competition, budgetary powers of the governor, higher education governance structures, interest groups, legislative professionalism, and voter turnout. Although some higher education sector factors, such as private giving and tuition rates, proved to have a significant influence on state capital expenditures for higher education, the results provide substantial evidence that politics matters in the appropriation of these capital dollars. These findings suggest that more research is needed to understand how the determinants of state capital spending differ from other state expenditures on higher education.
Journal of Education Finance – University of Illinois Press
Published: May 8, 2011
It’s your single place to instantly
discover and read the research
that matters to you.
Enjoy affordable access to
over 18 million articles from more than
15,000 peer-reviewed journals.
All for just $49/month
Query the DeepDyve database, plus search all of PubMed and Google Scholar seamlessly
Save any article or search result from DeepDyve, PubMed, and Google Scholar... all in one place.
Get unlimited, online access to over 18 million full-text articles from more than 15,000 scientific journals.
Read from thousands of the leading scholarly journals from SpringerNature, Elsevier, Wiley-Blackwell, Oxford University Press and more.
All the latest content is available, no embargo periods.
“Hi guys, I cannot tell you how much I love this resource. Incredible. I really believe you've hit the nail on the head with this site in regards to solving the research-purchase issue.”Daniel C.
“Whoa! It’s like Spotify but for academic articles.”@Phil_Robichaud
“I must say, @deepdyve is a fabulous solution to the independent researcher's problem of #access to #information.”@deepthiw
“My last article couldn't be possible without the platform @deepdyve that makes journal papers cheaper.”@JoseServera