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The Value of Private Schools: Evidence from Pakistan

Carneiro, Pedro; Das, Jishnu; Reis, Hugo; (2022) The Value of Private Schools: Evidence from Pakistan. The Review of Economics and Statistics pp. 1-45. 10.1162/rest_a_01237. Green open access

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Abstract

Using unique data from Pakistan we estimate a model of demand for differentiated products in 112 rural education markets with significant choice among public and private schools. Families are willing to pay substantially for reductions in distance to school, but in contrast, price elasticities are low. Using the demand estimates, we show that the existence of a low fee private school market is of great value for households in our sample, reaching 2% to 7% of annual per capita expenditure for those choosing private schools.

Type: Article
Title: The Value of Private Schools: Evidence from Pakistan
Open access status: An open access version is available from UCL Discovery
DOI: 10.1162/rest_a_01237
Publisher version: https://doi.org/10.1162/rest_a_01237
Language: English
Additional information: This version is the author accepted manuscript. For information on re-use, please refer to the publisher’s terms and conditions.
Keywords: Differentiated Goods, Demand, Education, School Choice, Pakistan
UCL classification: UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS
UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics
UCL > Provost and Vice Provost Offices > UCL SLASH
UCL
URI: https://discovery.ucl.ac.uk/id/eprint/10148912
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