IDEAS home Printed from https://ideas.repec.org/a/bla/econom/v79y2012i316p658-679.html

The Changing Economic Advantage from Private Schools

Author

Listed:
  • Francis Green
  • Stephen Machin
  • Richard Murphy
  • Yu Zhu

Abstract

Despite its relatively small size, the private school sector plays a prominent role in British society. This paper focuses on changing wage and education differentials between privately educated and state educated individuals in Britain. It reports evidence that the private/state school wage differential has risen significantly over time, despite the rising cost of sending children to private school. A significant factor underpinning this result has been faster rising educational attainment for privately educated individuals. Despite these patterns of change, the proportion attending private school has not altered much, nor have the characteristics of those children (and their parents) attending private school. Taken together, our findings are consistent with the idea that the private school sector has been successful in transforming its ability to generate the academic outputs that are most in demand in the modern economy. Because of the increased earnings advantage, private school remains a good investment for parents who want to opt out, but this increase has also contributed to rising wage inequality and falling social mobility.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Francis Green & Stephen Machin & Richard Murphy & Yu Zhu, 2012. "The Changing Economic Advantage from Private Schools," Economica, London School of Economics and Political Science, vol. 79(316), pages 658-679, October.
    • Handle: RePEc:bla:econom:v:79:y:2012:i:316:p:658-679
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1111/
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to look for a different version below or

    for a different version of it.

    Other versions of this item:

    Citations

    Blog mentions

    As found by EconAcademics.org, the blog aggregator for Economics research:
    1. School utopianism
      by chris dillow in Stumbling and Mumbling on 2014-06-20 18:10:47
    2. Emergence
      by chris dillow in Stumbling and Mumbling on 2014-08-29 17:57:16

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Emran, M. Shahe & Shilpi, Forhad, 2015. "Gender, Geography, and Generations: Intergenerational Educational Mobility in Post-Reform India," World Development, Elsevier, vol. 72(C), pages 362-380.
    2. Kleibrink, Jan & Michaelsen, Maren M., 2012. "Reaching High: Occupational Sorting and Higher Education Wage Inequality in the UK," Ruhr Economic Papers 377, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    3. Foliano, Francesca & Green, Francis & Sartarelli, Marcello, 2019. "Away from home, better at school. The case of a British boarding school," Economics of Education Review, Elsevier, vol. 73(C).
    4. Buscha, Franz & Gorman, Emma & Sturgis, Patrick, 2023. "Selective schooling and social mobility in England," Labour Economics, Elsevier, vol. 81(C).
    5. Francesco Andreoli & Giorgia Casalone & Daniela Sonedda, 2018. "Public education provision, private schooling and income redistribution," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 16(4), pages 553-582, December.
    6. Andrew Eyles & Stephen Machin, 2019. "The Introduction of Academy Schools to England's Education," Journal of the European Economic Association, European Economic Association, vol. 17(4), pages 1107-1146.
    7. Anna Adamecz-Völgyi & Morag Henderson & Nikki Shure, 2023. "The labor market returns to “first-in-family” university graduates," Journal of Population Economics, Springer;European Society for Population Economics, vol. 36(3), pages 1395-1429, July.
    8. Francesca Foliano & Francis Green & Marcello Sartarelli, 2017. "Can Talented Pupils with Low Socio-economic Status Shine? Evidence from a Boarding School," Working Papers. Serie AD 2017-05, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    9. Kendzia, Michael Jan & Neville, Tomas & Gadgil, Maya, 2025. "Built, Not Born: How Education Predicts Billionaire Wealth," IZA Discussion Papers 17994, IZA Network @ LISER.
    10. Jake Anders & Francis Green & Morag Henderson & Golo Henseke, 2020. "Determinants of private school participation: all about the money?," CEPEO Working Paper Series 20-06, UCL Centre for Education Policy and Equalising Opportunities, revised Feb 2020.
    11. Pedro Luis Silva & Carla Sá & Ricardo Biscaia & Pedro N. Teixeira, 2022. "High school and exam scores: Does their predictive validity for academic performance vary with programme selectivity?," NIPE Working Papers 4/2022, NIPE - Universidade do Minho.
    12. Marcello Sartarelli, 2011. "Do Performance Targets Affect Behaviour? Evidence from Discontinuities in Test Scores in England," DoQSS Working Papers 11-02, Quantitative Social Science - UCL Social Research Institute, University College London.
    13. John H Goldthorpe, 2014. "The role of education in intergenerational social mobility: Problems from empirical research in sociology and some theoretical pointers from economics," Rationality and Society, , vol. 26(3), pages 265-289, August.
    14. Barigozzi, Francesca & Parasnis, Jaai & Tani, Massimiliano, 2022. "Gender, Motivation, and Self-Selection into Teaching," IZA Discussion Papers 15532, IZA Network @ LISER.
    15. Alex Bryson & Francis Green, 2018. "Do Private Schools Manage Better?," National Institute Economic Review, National Institute of Economic and Social Research, vol. 243(1), pages 17-26, February.
    16. Buscha, Franz & Gorman, Emma & Sturgis, Patrick, 2023. "Selective schooling and social mobility in England," LSE Research Online Documents on Economics 118341, London School of Economics and Political Science, LSE Library.
    17. Claire Crawford & Anna Vignoles, 2014. "Heterogeneity in graduate earnings by socio-economic background," IFS Working Papers W14/30, Institute for Fiscal Studies.
    18. Jan Kleibrink & Maren M. Michaelsen, 2012. "Reaching High: Occupational Sorting and Higher Education Wage Inequality in the UK," Ruhr Economic Papers 0377, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
    19. Sevilla, Almudena & Borra, Cristina, 2015. "Parental Time Investments in Children: The Role of Competition for University Places in the UK," IZA Discussion Papers 9168, IZA Network @ LISER.
    20. López-Torres, Laura & Johnes, Jill & Elliott, Caroline & Polo, Cristina, 2021. "The effects of competition and collaboration on efficiency in the UK independent school sector," Economic Modelling, Elsevier, vol. 96(C), pages 40-53.

    More about this item

    JEL classification:

    • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
    • I29 - Health, Education, and Welfare - - Education - - - Other
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:econom:v:79:y:2012:i:316:p:658-679. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/lsepsuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.