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Do Parents Value Changes in Test Scores? High Stakes Testing in Texas

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  • Dills Angela K.

    ()
    (Clemson University)

Abstract

Texas evaluates, accredits, and financially rewards schools based on student test scores. Test scores increased dramatically following this implementation of high stakes testing. This paper examines whether homebuyers valued these test score increases. The results show little or no relation between changes in test scores and changes in total housing value in a district. Strikingly, improved performance on college entrance exams is associated with increased total housing value. Using the college entrance exams as a benchmark, the results on the state test suggest that high stakes testing failed to increase perceived school quality.

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File URL: http://www.degruyter.com/view/j/bejeap.2003.3.issue-1/bejeap.2004.3.1.1230/bejeap.2004.3.1.1230.xml?format=INT
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Bibliographic Info

Article provided by De Gruyter in its journal The B.E. Journal of Economic Analysis & Policy.

Volume (Year): 3 (2004)
Issue (Month): 1 (August)
Pages: 1-34

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Handle: RePEc:bpj:bejeap:v:contributions.3:y:2004:i:1:n:10

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Web page: http://www.degruyter.com

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Cited by:
  1. David Brasington & Don Haurin, . "Educational Outcomes and House Values: A Test of the Value-Added Approach," Departmental Working Papers 2005-03, Department of Economics, Louisiana State University.
  2. Theodore M. Crone, 2006. "Capitalization of the quality of local public schools: what do home buyers value?," Working Papers 06-15, Federal Reserve Bank of Philadelphia.
  3. Scott Andrew Imberman & Michael Lovenheim, 2013. "Does the Market Value Value-Added? Evidence from Housing Prices after a Public Release of School and Teacher Value-Added," CESifo Working Paper Series 4105, CESifo Group Munich.
  4. Yadavalli, Anita P. & Florax, Raymond J.G.M., 2013. "The Effect of School Quality on House Prices: A Meta-Regression Analysis," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 151291, Agricultural and Applied Economics Association.
  5. David M. Brasington, . "School Choice and the Flight to Private Schools: To What Extent Are Public and Private Schools Substitutes?," Departmental Working Papers 2006-04, Department of Economics, Louisiana State University.
  6. Nguyen-Hoang, Phuong & Yinger, John, 2011. "The capitalization of school quality into house values: A review," Journal of Housing Economics, Elsevier, vol. 20(1), pages 30-48, March.

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