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What is a School Finance Reform? Uncovering the ubiquity and diversity of school finance reforms using a Bayesian changepoint estimator

School finance reforms are not well defined and are likely more prevalent than the current literature has documented. Using a Bayesian changepoint estimator, we quantitatively identify the years when state education revenues abruptly increased for each state between 1960 and 2008 and then document the state-specific events that gave rise to these changes. We find 108 instances of abrupt increases in state education revenues across 43 states; about one-quarter of these changes had been undocumented. Half of the abrupt increases that occurred post-1990 were preceded by litigation-prompted legislative activity, and Democrat-party control of a state increases the probability of a changepoint occurring by 8 percentage points.

Keywords
school finance, school finance reforms
Education level
Document Object Identifier (DOI)
10.26300/4vey-3w10
EdWorkingPaper suggested citation:
Candelaria, Christopher A., Shelby M. McNeill, and Kenneth A. Shores. (). What is a School Finance Reform? Uncovering the ubiquity and diversity of school finance reforms using a Bayesian changepoint estimator. (EdWorkingPaper: -587). Retrieved from Annenberg Institute at Brown University: https://doi.org/10.26300/4vey-3w10

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