Between 2000 and 2010, U.S. public colleges and universities experienced widespread and uneven changes in funding from state and local appropriations. We find that over this period annual decreases in statewide appropriations led to lower public enrollment and higher for-profit enrollment (with no effect on enrollment overall), as well as increased student borrowing. In an analysis of mechanisms, we detect effects on spending, tuition, and capacity in the public sector. Altogether, the results reveal that core institutional resources affect the types of schools that students attend and yield new evidence of substitution between the public and for-profit sectors.

中文翻译：

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公立和公益性大学之间的出勤率溢出：全州高等教育拨款变化的证据

在2000年至2010年之间，美国公立大学在州和地方拨款的资助中经历了广泛且不均衡的变化。我们发现，在此期间，全州拨款的年度减少导致公共招生人数减少和营利性招生人数增加（对总体招生人数没有影响），以及学生借贷的增加。在对机制的分析中，我们发现了对公共部门的支出，学费和能力的影响。总而言之，结果表明核心机构资源会影响学生就读的学校类型，并为公共部门和营利性部门之间的替代提供新的证据。