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Do Better Schools Matter? Parental Valuation of Elementary Education (1999)
| Venue: | QUARTERLY JOURNAL OF ECONOMICS |
| Citations: | 500 - 3 self |
BibTeX
@ARTICLE{Black99dobetter,
author = {Sandra E. Black},
title = {Do Better Schools Matter? Parental Valuation of Elementary Education},
journal = {QUARTERLY JOURNAL OF ECONOMICS},
year = {1999},
pages = {577--600}
}
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Abstract
The evaluation of numerous school reforms requires an understanding of the value of better schools. Given the difficulty of calculating the relationship between school quality and student outcomes, I turn to another method and use house prices to infer the value parents place on school quality. I look within school districts at houses located on attendance district boundaries; houses then differ only by the elementary school the child attends. I thereby effectively remove the variation in neighborhoods, taxes, and school spending. I find that parents are willing to pay 2.5 percent more for a 5 percent increase in test scores. This finding is robust to a number of sensitivity checks.
