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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 Fischer's Z transformation, ordered probit, and linear regression models to incorporate eight different school quality variables. Our results suggest the Fischer's 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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  • 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.
  • Handle: RePEc:ags:aaea13:151291
    DOI: 10.22004/ag.econ.151291
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