Local Responses to Federal Grants: Evidence from the Introduction of Title I in the South
研究1965年《中小学教育法》第一标题计划对美国南方学校支出的影响，发现拨款每美元增加0.5美元支出，且减少了白人高中辍学率，但对黑人无显著影响。
We analyze the effects of the introduction of Title I of the 1965 Elementary and Secondary Education Act, a large federal grants program designed to increase poor students' educational services and achievement. We focus on the South, the poorest region of the country. Title I increased school spending by $0.50 on the dollar in the average southern school district and by more in districts with less ability to offset grants through local tax reductions. Title I-induced increases in school budgets appear to have reduced high school dropout rates of whites, but not blacks.