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Competition, Cooperation and Regulatory Intervention Impacts on Independent School Fees

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  • Caroline Elliott
  • Palitha Konara
  • Yingqi Wei

Abstract

This paper examines the factors determining fee levels set by independent schools, focusing on the impact of competition, cooperation and regulatory intervention in the sector. Results indicate that, once account is taken of factors such as the extent of local competition between independent schools, the impact of the 2003--2005 Office of Fair Trading investigation into the fee-setting cartel on independent school fees becomes insignificant. Meanwhile, the extent of competition between independent schools has a significant effect on levels of boarding school fees. Results highlight the importance of considering pricing strategies of groups within a cartel.

Suggested Citation

  • Caroline Elliott & Palitha Konara & Yingqi Wei, 2016. "Competition, Cooperation and Regulatory Intervention Impacts on Independent School Fees," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 23(2), pages 243-262, July.
    • Handle: RePEc:taf:ijecbs:v:23:y:2016:i:2:p:243-262
    DOI: 10.1080/13571516.2016.1144011
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    References listed on IDEAS

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    1. Richard Blundell & Lorraine Dearden & Luke Sibieta, 2010. "The demand for private schooling in England: the impact of price and quality," IFS Working Papers W10/21, Institute for Fiscal Studies.
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    3. Caroline Elliott & Yingqi Wei, 2010. "The Impact of Regulatory Intervention in the UK Store Card Industry," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 17(1), pages 87-98.
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    Cited by:

    1. Bonev, Petyo & Glachant, Matthieu & Söderberg, Magnus, 2020. "Testing the regulatory threat hypothesis: Evidence from Sweden," Resource and Energy Economics, Elsevier, vol. 62(C).
    2. 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.
    3. Bonev, Petyo & Glachant, Matthieu & Söderberg, Magnus, 2018. "A Mechanism for Institutionalised Threat of Regulation: Evidence from the Swedish District Heating Market," Economics Working Paper Series 1805, University of St. Gallen, School of Economics and Political Science.

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