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  • Education Vouchers and Education Subsidy in Hong Kong

Education Vouchers and Education Subsidy in Hong Kong

Liu Pak-wai

English , 1996/01 Educational Studies Series, HKIAPS, Occasional Paper Series, Education Policy Studies Series Hong Kong Institute of Asia-Pacific Studies, CUHK

Tags: Hong Kong Studies, Education

215 x 140 mm , 19pp ISBN / ISSN : 978-962-441-054-9

  • US$2.50

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Education Vouchers and Education Subsidy in Hong Kong This paper differentiates between public subsidy for education from public provision of education and argues that public subsidy through a voucher scheme is more efficient than public provision. The production efficiency, cost efficiency and allocative efficiency of the education voucher scheme are analysed. The paper concludes that the timing for adopting a voucher scheme in Hong Kong is getting better.

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