The Determinants of State Spending on Higher Education: How Capital Project Funding Differs from General Fund Appropriations
Abstract

Abstract:

Our fixed-effects panel data analysis of state spending on higher education fills a near void of studies examining capital expenditures on higher education. In our study, we found that political characteristics (e.g., interest group activity, organizational structure, and formal powers) largely account for differences between general fund and capital appropriations for higher education.