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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w9054 |
来源ID | Working Paper 9054 |
Using Market Valuation to Assess Public School Spending | |
Lisa Barrow; Cecilia Elena Rouse | |
发表日期 | 2002-07-11 |
出版年 | 2002 |
语种 | 英语 |
摘要 | In this paper we use a 'market-based' approach to examine whether increased school expenditures are valued by potential residents and whether the current level of public school provision is inefficient. We do so by employing an instrumental variables strategy to estimate the effect of state education aid on residential property values. We find evidence that, on net, additional state aid is valued by potential residents and that school districts do not appear to overspend on education. We also find that school districts may overspend in areas in which residents are poor or less educated, in large districts, and in districts with higher shares of rental property. One interpretation of these results is that increased competition has the potential to reduce overspending on public schools in some areas. |
主题 | Health, Education, and Welfare ; Education ; Public Economics ; Public Goods |
URL | https://www.nber.org/papers/w9054 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/566663 |
推荐引用方式 GB/T 7714 | Lisa Barrow,Cecilia Elena Rouse. Using Market Valuation to Assess Public School Spending. 2002. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w9054.pdf(212KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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