Skip to main content
Article thumbnail
Location of Repository

Paying for primary schools: admission constraints, school popularity or congestion?

By Stephen Gibbons and Stephen Machin

Abstract

School quality is capitalised in house prices if access to schools is rationed by residential location. We generate empirical predictions from three different theoretical approaches linking house prices to school performance, distance to school and capacity. These are respectively based upon admission constraints, school popularity and congestion effects. We find that test-score-based school performance significantly increases property prices, but only the best one in ten schools generate higher than average prices close by, and that prices are higher close to popular, over-capacity schools. We conclude that the empirical evidence is more in line with the school popularity model

Topics: HB Economic Theory
Publisher: Wiley-Blackwell Publishing
Year: 2006
DOI identifier: 10.1111/j.1468-0297.2006.01077.x
OAI identifier: oai:eprints.lse.ac.uk:2939
Provided by: LSE Research Online
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://www.blackwellpublishing... (external link)
  • http://eprints.lse.ac.uk/2939/ (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.