School Characteristics and the Demand for College
We estimate the demand for colleges in the United States by relating new applications to easily comparable characteristics of the schools in the sample. We find that the demand for 1134 U.S. colleges in 1994 is positively related to out-of-state tuition but inversely related to in- state tuition. Further, we find those who apply to private schools are more price and income sensitive, and respond more to stronger faculty staffs. That a given state has more schools has a positive effect on the number of public-school applications but a negative impact on private- school applications. Finally, we find no correlation between state population and the number of applicants to colleges in that state, suggesting that those who are willing and able to attend college are mobile.
|Date of creation:||30 Sep 1996|
|Date of revision:|
|Note:||Type of Document - Tex; prepared on IBM PC - PC-TEX; to print on PostScript; pages: 23|
|Contact details of provider:|| Web page: http://18.104.22.168|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gintis, Herbert, 1971. "Education, Technology, and the Characteristics of Worker Productivity," American Economic Review, American Economic Association, vol. 61(2), pages 266-79, May.
- MacKinnon, James G. & White, Halbert & Davidson, Russell, 1983.
"Tests for model specification in the presence of alternative hypotheses : Some further results,"
Journal of Econometrics,
Elsevier, vol. 21(1), pages 53-70, January.
- Russell Davidson & James G. MacKinnon, 1981. "Tests for Model Specification in the Presence of Alternative Hypotheses: Some Further Results," Working Papers 430, Queen's University, Department of Economics.
- Spence, A Michael, 1973. "Job Market Signaling," The Quarterly Journal of Economics, MIT Press, vol. 87(3), pages 355-74, August.
- McCormick, Robert E & Tensley, Maurice, 1987. "Athletics versus Academics? Evidence from SAT Scores," Journal of Political Economy, University of Chicago Press, vol. 95(5), pages 1103-16, October.
- Tucker, Irvin III & Amato, Louis, 1993. "Does big-time success in football or basketball affect SAT scores?," Economics of Education Review, Elsevier, vol. 12(2), pages 177-181, June.
- Bera, Anil K. & Jarque, Carlos M., 1982. "Model specification tests : A simultaneous approach," Journal of Econometrics, Elsevier, vol. 20(1), pages 59-82, October.
- Tierney, Michael L., 1982. "The impact of institutional net price on student demand for public and private higher education," Economics of Education Review, Elsevier, vol. 2(4), pages 363-383, August.
- Savoca, Elizabeth, 1990. "Another look at the demand for higher education: Measuring the price sensitivity of the decision to apply to college," Economics of Education Review, Elsevier, vol. 9(2), pages 123-134, June.
- Murphy, Robert G. & Trandel, Gregory A., 1994. "The relation between a university's football record and the size of its applicant pool," Economics of Education Review, Elsevier, vol. 13(3), pages 265-270, September.
- 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..
When requesting a correction, please mention this item's handle: RePEc:wpa:wuwphe:9609001. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA)
If references are entirely missing, you can add them using this form.