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Educational standards in private and public schools Author info | Abstract | Publisher info | Download info | Related research | Statistics Giorgio Brunello () (Università di Padova)
Lorenzo Rocco (Università di Padova)
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When school quality increases with the educational standard set by schools, education before college needs not be a hierarchy with private schools offering better quality than public schools. An alternative configuration, with public schools offering a higher educational standard than private schools, is also possible, in spite of the fact that tuition levied by private schools is strictly positive. In our model, private schools can offer a lower educational standard at a positive price because they attract students with a relatively high cost of effort, who would find the high standards of public schools excessively demanding. With the key parameters calibrated for the US and Italy, our model predicts that majority voting in the US supports a system with high quality private schools and low quality public schools, as assumed by Epple and Romano, 1998. An equilibrium with low quality private schools is supported instead in Italy.
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Paper provided by Dipartimento di Scienze Economiche "Marco Fanno" in its series "Marco Fanno" Working Papers with number
0043.
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Length: 35 pages
Date of creation: Sep 2007Date of revision:
Handle: RePEc:pad:wpaper:0043Contact details of provider: Postal: via del Santo, 33 - 35122 Padova Phone: +39 +49 8274210 Fax: +39 +49 827.4211 Web page: http://www.decon.unipd.it/ More information through EDIRC
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Keywords: private schools public schools majority voting Other versions of this item:
Find related papers by JEL classification: J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity H42 - Public Economics - - Publicly Provided Goods - - - Publicly Provided Private Goods
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