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The Effect of School Construction on Test Scores, School Enrollment, and Home Prices

Author Info

Listed author(s):
  • Neilson, Christopher

    ()

    (Yale University)

  • Zimmerman, Seth D.

    ()

    (Princeton University)

Abstract

This paper provides new evidence on the effect of school construction projects on home prices, academic achievement, and public school enrollment. Taking advantage of the staggered implementation of a comprehensive school construction project in a poor urban district, we find that, by six years after building occupancy, $10,000 of per-student investment in school construction raised reading scores for elementary and middle school students by 0.027 standard deviations. For a student receiving the average treatment intensity this corresponds to a 0.21 standard deviation increase. School construction also raised home prices and public school enrollment in zoned neighborhoods.

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File URL: http://ftp.iza.org/dp6106.pdf
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Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 6106.

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Length: 47 pages
Date of creation: Nov 2011
Publication status: published in: Journal of Public Economics, 2014, 120 , 18-31
Handle: RePEc:iza:izadps:dp6106
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Keywords: test scores; school construction; home prices;

Find related papers by JEL classification:

  • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
  • I22 - Health, Education, and Welfare - - Education - - - Educational Finance; Financial Aid
  • H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - State and Local Government: Health, Education, and Welfare
  • R30 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location - - - General

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References listed on IDEAS
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  1. Jesse Rothstein, 2010. "Teacher Quality in Educational Production: Tracking, Decay, and Student Achievement," The Quarterly Journal of Economics, Oxford University Press, vol. 125(1), pages 175-214.
  2. Sandra E. Black, 1999. "Do Better Schools Matter? Parental Valuation of Elementary Education," The Quarterly Journal of Economics, Oxford University Press, vol. 114(2), pages 577-599.
  3. Patrick Bayer & Fernando Ferreira & Robert McMillan, 2007. "A Unified Framework for Measuring Preferences for Schools and Neighborhoods," Journal of Political Economy, University of Chicago Press, vol. 115(4), pages 588-638, 08.
  4. Stephanie Riegg Cellini & Fernando Ferreira & Jesse Rothstein, 2010. "The Value of School Facility Investments: Evidence from a Dynamic Regression Discontinuity Design," The Quarterly Journal of Economics, Oxford University Press, vol. 125(1), pages 215-261.
  5. Joshua D. Angrist & Susan M. Dynarski & Thomas J. Kane & Parag A. Pathak & Christopher R. Walters, 2012. "Who Benefits from KIPP?," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 31(4), pages 837-860, 09.
  6. Joseph G. Altonji & Ching-I Huang & Christopher R. Taber, 2015. "Estimating the Cream Skimming Effect of School Choice," Journal of Political Economy, University of Chicago Press, vol. 123(2), pages 266-324.
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Cited by:

  1. Hong, Kai & Zimmer, Ron, 2016. "Does Investing in School Capital Infrastructure Improve Student Achievement?," Economics of Education Review, Elsevier, vol. 53(C), pages 143-158.
  2. Jeffrey Zabel, 2014. "Unintended Consequences: The Impact of Proposition 2½ Overrides on School Segregation in Massachusetts," Education Finance and Policy, MIT Press, vol. 9(4), pages 481-514, October.
  3. Dave Thomson, 2016. "The Short Run Impact of the Building Schools for the Future Programme on Attainment at Key Stage 4," DoQSS Working Papers 16-07, Department of Quantitative Social Science - UCL Institute of Education, University College London.

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