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dc.contributor.authorBeath, John A
dc.contributor.authorPoyago-Theotoky, Joanna
dc.contributor.authorUlph, David Tregear
dc.identifier.citationBeath , J A , Poyago-Theotoky , J & Ulph , D T 2012 , ' University funding : impact on teaching and research ' , Economics: The Open-Access, Open-Assessment E-Journal , vol. 6 , no. 2 .
dc.identifier.otherPURE: 16866164
dc.identifier.otherPURE UUID: 0fd9b863-79ad-462a-ab6d-4b55bb26127a
dc.identifier.otherScopus: 84865096297
dc.identifier.otherORCID: /0000-0003-3171-1270/work/59464517
dc.description.abstractWe address the following question: how does a higher education funding system influence the trade-off that universities make between research and teaching? We do so by constructing a model that allows universities to choose actively the quality of their teaching and research when faced with different funding systems characterised by the pivotal role of the university funding budget constraint. In particular, we derive the feasible sets that face universities under such systems and show how, as the parameters of the system (the research block grant element, the research quality premium and the incentives-triggering quality threshold) are varied, the nature of the university system itself changes. Different ‘cultures’ of the university system emerge such as the ‘research elite’ and the ‘binary divide’.
dc.relation.ispartofEconomics: The Open-Access, Open-Assessment E-Journalen
dc.rights© Author(s) 2012. Licensed under a Creative Commons License - Attribution-NonCommercial 2.0 Germanyen
dc.subjectUniversity funding systems; higher education; research quality; teaching quality; university budget constraint; research elite; binary divideen
dc.subjectHB Economic Theoryen
dc.titleUniversity funding : impact on teaching and researchen
dc.typeJournal articleen
dc.description.versionPublisher PDFen
dc.contributor.institutionUniversity of St Andrews.School of Economics and Financeen
dc.description.statusPeer revieweden

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