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The Effect of School Quality on House Prices: A Meta-Regression Analysis

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  • Yadavalli, Anita P.
  • Florax, Raymond J.G.M.

Abstract

The evidence on whether school quality affects house prices is uncertain. This paper employs meta-regression analysis on 48 studies to understand what factors influence the discrepancy among analogous studies. We estimate Fischer0s Z transformation, ordered probit, and linear regression models to incorporate eight different school quality variables. Our results suggest the Fischer0s Z model is less preferred to the ordered probit model given the entire sample of school quality measures, and to the linear regression model given a reduced sample of studies with only the primary school test score measure.

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File URL: http://purl.umn.edu/151291
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Bibliographic Info

Paper provided by Agricultural and Applied Economics Association in its series 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. with number 151291.

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Date of creation: 2013
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Handle: RePEc:ags:aaea13:151291

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Keywords: Consumer/Household Economics;

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