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来源类型Working Paper
规范类型报告
DOI10.3386/w9054
来源IDWorking 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
URLhttps://www.nber.org/papers/w9054
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/566663
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GB/T 7714
Lisa Barrow,Cecilia Elena Rouse. Using Market Valuation to Assess Public School Spending. 2002.
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