Does it pay to get an A? School resource allocations in response to accountability ratings
SG Craig, SA Imberman, A Perdue - Journal of urban Economics, 2013 - Elsevier
This paper examines public school district budgetary responses to school accountability
ratings. We identify school district budgetary changes through a “rating shock” due to a
major change in school accountability systems in Texas. Texas implemented a new
accountability system and new exam, and allowed schools a “gap” year to adjust to the new
test. Using the new Texas exam as an exogenous change, we find a 1.5% increase in
instructional budgets, mainly for teachers, as a response to a drop in rating. This increase is …
ratings. We identify school district budgetary changes through a “rating shock” due to a
major change in school accountability systems in Texas. Texas implemented a new
accountability system and new exam, and allowed schools a “gap” year to adjust to the new
test. Using the new Texas exam as an exogenous change, we find a 1.5% increase in
instructional budgets, mainly for teachers, as a response to a drop in rating. This increase is …