私立学校招生政策与公立学校的选择：来自住房市场的证据

IF 4.8 2区经济学 Q1 BUSINESS, FINANCE

International Review of Economics & Finance Pub Date : 2024-09-22 DOI:10.1016/j.iref.2024.103656

Yan Wu , Yanmin Yang

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引用次数: 0

摘要

中国教育部从 2018 年开始实行 "公办民办同步招生"。利用 2017 年至 2020 年的住房交易数据，我们研究了政策对杭州住宅物业的影响。我们发现，新政策出台后，公办学校质量的住房价格溢价增加。顶级公办学校房价溢价的增加主要是由面积较小、简装修和精装修以及较旧或准新房的价格上涨所驱动的。此外，我们还发现，与一流公立学校相比，与次一流公立学校捆绑的房产成交量相对增加。这表明，溢价的增加导致家长选择次优的学校质量，这可能导致入读顶级公立学校的不平等扩大。

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Private school admission policy and the choice of public schools: Evidence from the housing market

The Ministry of Education of China started to introduce “simultaneous admission of both public and private schools” in 2018. Using housing transaction data from 2017 to 2020, we investigate the policy effects on residential properties in Hangzhou. We find increased housing price premiums for public school quality following the introduction of the new policy. The increase in the housing price premium for top-tier public schools was mainly driven by price gains for smaller, simple- and fancy-decorated, and older or quasi-new properties. In addition, we found a relative increase in the transaction volume of properties bundled with the second-best public schools versus those in the top-tier schools. It suggests that the increased price premium have led parents to choose a sub-optimal school quality, which might result in a widening inequality to be enrolled in top tier public schools.

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来源期刊

International Review of Economics & Finance Multiple-

CiteScore

7.30

自引率

2.20%

发文量

253

期刊介绍： The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.