The Demand for Local Public Goods: The Case of Public School Quality  

Oleh:

Brasington, David M.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Public Finance Review vol. 30 no. 3 (Mei 2002), page 163-187.
Fulltext: 163PFR303.pdf (114.83KB)

Isi artikel

The demand for public school quality is estimated. Unlike previous studies, the price of a unit of public school quality in the demand estimation is measured by both the tax price and the implicit price calculated from a house price hedonic. Identification, endogeneity, and Tiebout bias are addressed. The tax price elasticity of the demand for public schooling is –.17; the implicit price elasticity of demand is –.11. Both estimates are more inelastic than previously reported elasticities. The income elasticity of demand is .32. The positive relationship between constant-quality house price and public school quality is confirmed.

Opini Anda

Klik untuk menuliskan opini Anda tentang koleksi ini!

Kembali