Abstract
This paper presents an estimation of the relationship between FUNDEF and the efficiency of the Municipal Education Management in 2007. We took two steps to determine the efficiency. In the first step, we used Slack Based Measure models with discretionary variables. In the next step, we used Tobit models to control the effects of the non-discretionary characteristics. The methodology used relates FUNDEF and the efficiency measure through selection models based on observable characteristics. The datasets used were Censo Escolar, Prova Brasil and Finbra. The results indicate an increase in the levels of efficiency after eight years of FUNDEF implementation. This result indicates that the improvement of an efficient local educational structure takes time and provides good perspectives on the results of FUNDEB.
Keywords
Efficiency; Microeconometric; Education; Public policy