Michigan school district response to a guaranteed tax base : a time-series cross-sectional analysis

Rolla Edward Park, Stephen J. Carroll

Published 1982

Five years of data for 451 school districts in Michigan are pooled to estimate equations explaining school district expenditure behavior upon introduction of a guaranteed tax base (GTB) plan. Hausman's (1978) specification test applied to a complex random-effects model rejects that model, while implicitly rejecting cross-sectional estimates as well. Fixed-effects estimates show that the influence of Michigan's GTB plan on school district expenditure has been so small as to be of no policy significance.

Document Details

  • Copyright: RAND Corporation
  • Availability: Web Only
  • Year: 1982
  • Pages: 32
  • Document Number: N-1608-HHS

Citation

Chicago Manual of Style

Park, Rolla Edward and Stephen J. Carroll, Michigan school district response to a guaranteed tax base : a time-series cross-sectional analysis. Santa Monica, CA: RAND Corporation, 1982. https://www.rand.org/pubs/notes/N1608.html.
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