Brand and Performance in a New Environment: Analysis of the Law School Market in Japan
Using Japanese panel data for 2006–2009, this study attempts to examine how the pass rate of law school students taking the new bar examination influences the number of applicants for law school in the following years. The major finding is that the higher the law school student pass rate, the greater the number of applicants for the law school becomes. Furthermore, the positive effect of the pass rate is larger for a prestigious university’s law school than for other schools. It follows that the brand and the school’s current performance are complementary in increasing demand for places in the law school. Copyright International Atlantic Economic Society 2011
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Volume (Year): 39 (2011)
Issue (Month): 2 (June)
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