Laband, David N.; Lentz, Bernard F. - In: Southern Economic Journal 70 (2003) 1, pp. 172-183
Following Cohn, Rhine, and Santos (1989), we reestimate cost functions for 1492 private and 1450 public institutions of higher education (IHEs) in the United States, using data for fiscal year 1995–1996. Costs are modeled as a function of the level of production of three outputs: undergraduate...