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The price of secondary school quality: a hedonic approach

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  • Celia Bilbao-Terol
  • Verónica Cañal-Fernández

Abstract

The aim of this article is to calculate the market valuation of quality characteristics and locational attributes of private secondary school in Spain. In order to achieve this, a hedonic price regression is estimated. The quality characteristics of a school appear to be important determinants of tuition in Spain.

Suggested Citation

  • Celia Bilbao-Terol & Verónica Cañal-Fernández, 2013. "The price of secondary school quality: a hedonic approach," Applied Economics Letters, Taylor & Francis Journals, vol. 20(7), pages 706-709, May.
    • Handle: RePEc:taf:apeclt:v:20:y:2013:i:7:p:706-709
    DOI: 10.1080/13504851.2012.732684
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    References listed on IDEAS

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    1. Harford, Jon D. & Marcus, Richard D., 1986. "Tuition and U.S. private college characteristics: The hedonic approach," Economics of Education Review, Elsevier, vol. 5(4), pages 415-430, August.
    2. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    3. Cohn, Elchanan & Rhine, Sherrie L W & Santos, Maria C, 1989. "Institutions of Higher Education as Multi-product Firms: Economies of Scale and Scope," The Review of Economics and Statistics, MIT Press, vol. 71(2), pages 284-290, May.
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