A Comparative Study: the Fund System vs. the Voucher System in Public Education Expenditure
LI Zhi-you, Ju-Hua Li, Huang Mingju
Abstract
LI Zhi-you, Ju-Hua Li, Huang Mingju
Abstract
Proceeding from institutional economics, this study compares the the fund system and the voucher system in Public Education Expenditure and fi nds out their similarities and differences in contents, subjective role, behavioral characteristics and institutional performances. The purpose is to fi nd supportive evidence for the voucher system.
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Proceeding from institutional economics, this study compares the the fund system and the voucher system in Public Education Expenditure and fi nds out their similarities and differences in contents, subjective role, behavioral characteristics and institutional performances. The purpose is to fi nd supportive evidence for the voucher system.
Key concepts: Voucher, Public economics, Public expenditure, Economics, Public education, Business, Economic growth, Accounting