Explaining Increases in Higher Education Costs

This paper presents new evidence on the conflict between two competing explanations of the increase in college costs, the cost disease theory of William Baumol and William Bowen and the revenue theory of cost of Howard Bowen. Using cross section data, the paper demonstrates that the cost disease explanation dominates.

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Year of publication:	2006-09-04
Authors:	Archibald, Robert B. ; Feldman, David H.
Institutions:	Department of Economics, College of William & Mary
Subject:	Higher education costs \| cost disease \| revenue theory of cost

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 42 34 pages
Classification:	I22 - Educational Finance ; I23 - Higher Education Research Institutions ; I28 - Government Policy
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005168561