A Consumer Demand Approach to Estimating the Education Quality Component of Housing Cost
AbstractA consumer demand-based approach is proposed for estimating the shadow price of education relative to housing for households with children in state schools. This approach can be used together with or in place of a hedonic approach in countries where the location of households is not disclosed in publicly available data. An empirical illustration is provided using UK data from the family expenditure surveys.
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Bibliographic InfoPaper provided by University of Cyprus Department of Economics in its series University of Cyprus Working Papers in Economics with number 09-2011.
Length: 13 pages
Date of creation: Jun 2011
Date of revision:
Contact details of provider:
Web page: http://www.econ.ucy.ac.cy
Consumer demand; hedonic analysis; school quality;
Other versions of this item:
- Sofia N. Andreou & Nicoletta Pashourtidou, 2013. "A consumer demand approach to estimating the education quality component of housing cost," Applied Economics Letters, Taylor & Francis Journals, vol. 20(4), pages 373-376, March.
- NEP-ALL-2011-06-11 (All new papers)
- NEP-EDU-2011-06-11 (Education)
- NEP-MKT-2011-06-11 (Marketing)
- NEP-URE-2011-06-11 (Urban & Real Estate Economics)
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