A Consumer Demand Approach to Estimating the Education Quality Component of Housing Cost
A consumer demand-based approach is proposed for estimating the shadow price of education relative to housing for households with children in state schools. This approach can be used together with or in place of a hedonic approach in countries where the location of households is not disclosed in publicly available data. An empirical illustration is provided using UK data from the family expenditure surveys.
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- 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.
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- David Brasington & D. Haurin, 2003. "Educational Outcomes and House Values: A Test of the Value-Added Approach," Departmental Working Papers 2003-05, Department of Economics, Louisiana State University.
- David Brasington & Don Haurin, 2005. "Educational Outcomes and House Values: A Test of the Value-Added Approach," Departmental Working Papers 2005-03, Department of Economics, Louisiana State University.
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