Intervention in a Higher Education Market: A Case Study

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  • Author(s): Temple, Paul
  • Language:
    English
  • Source:
    Higher Education Quarterly. Jul 2006 60(3):257-269.
  • Publication Date:
    2006
  • Document Type:
    Journal Articles
    Opinion Papers
  • Additional Information
    • Availability:
      Blackwell Publishing. 350 Main Street, Malden, MA 02148. Tel: 800-835-6770; Tel: 781-388-8599; Fax: 781-388-8232; e-mail: [email protected]; Web site: http://www.blackwellpublishing.com/jnl_default.asp.
    • Peer Reviewed:
      Y
    • Source:
      13
    • Education Level:
      Higher Education
    • Subject Terms:
      Intervention; Higher Education; Case Studies; Public Education; Universities; Foreign Countries; Chinese; Educational Finance; Resource Allocation; Asian Studies
    • Subject Terms:
      China; United Kingdom (England)
    • Accession Number:
      10.1111/j.1468-2273.2006.00320.x
    • ISSN:
      0951-5224
    • Abstract:
      In many countries today, public higher education operates within some form of market framework, typically a government-regulated quasi-market. However, having created a market environment, how should the government agencies involved act when they wish to use higher education to achieve a particular policy goal? This paper considers the impact on the English higher education market of an initiative by the national funding agency to expand Chinese studies. It is argued that, in an already competitive market, this intervention led to the misallocation of resources because it encouraged universities to expand provision in ways that they would not otherwise have done. As a result, although some effective new provision resulted, excess capacity was created overall. It can be argued that the collective understanding of the universities about this specific market was more accurate than that of an expert committee advising on national provision. The paper suggests how intervention might have been more effectively arranged.
    • Abstract:
      Author
    • Number of References:
      23
    • Publication Date:
      2006
    • Accession Number:
      EJ738739