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A two-stage hedonic price and demand model was developed to estimate the willingness to pay for school quality, neighborhood safety and environmental quality in six Ohio metropolitan areas. Own price of demand ranges from inelastic for school quality to highly elastic for environmental quality...
Persistent link: https://www.econbiz.de/10014027568
School vouchers may increase the competition public school districts face. Greater competition may spur public schools to improve student outcomes, which reliably predict labor market productivity and earnings. Previous school competition studies do not use spatial statistics; they fail to...
Persistent link: https://www.econbiz.de/10014028047
We first estimate the relationship between house prices and environmental disamenities using spatial statistics, confirming that nearby point-source pollutants depress house price. We then calculate implicit prices of environmental quality and related characteristics from the house price...
Persistent link: https://www.econbiz.de/10014029600
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The current paper reveals evidence consistent with social promotion in Ohio's central city public schools. Relative to rural school districts, there is something about central city schools that makes their students perform worse on the state proficiency test. However, this same something makes...
Persistent link: https://www.econbiz.de/10014044974
The current paper reveals evidence consistent with social promotion in Ohio's central city public schools. Relative to rural school districts, there is something about central city schools that makes their students perform worse on the state proficiency test. However, this same something makes...
Persistent link: https://www.econbiz.de/10014045004
Despite its importance as a public good, little research studies how fire protection services affect housing markets or other economic outcomes. We focus on fire levies that are up for renewal so that the timing of the levy is exogenous, to help preserve the independence of votes. We use...
Persistent link: https://www.econbiz.de/10014262224
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Communities differ in both the bundle of amenities offered to residents and the implicit price of these amenities. Thus, households are faced with a choice of which bundle to select when they select their residence. This choice implies households make tradeoffs among the amenities; that is, the...
Persistent link: https://www.econbiz.de/10005839110