Pandey, Lakshmi; Sjoquist, David L.; Walker, Mary Beth - In: Education Finance and Policy 4 (2009) January, pp. 34-59
We add to the small literature on private school supply by exploring exits of K–12 private schools. We find that the … closure of private schools is not an infrequent event and use national survey data from the National Center for Education … Statistics to study closures of private schools. We assume that the probability of an exit is a function of excess supply of …