Format:
1 Online-Ressource (circa 96 Seiten)
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Series Statement:
Policy research working paper 8563
Content:
This paper tests for financial constraints as a market failure in education in a low-income country. In an experimental setup, unconditional cash grants are allocated to one private school or all private schools in a village. Enrollment increases in both treatments, accompanied by infrastructure investments. However, test scores and fees only increase in the setting of all private schools along with higher teacher wages. This differential impact follows from a canonical oligopoly model with capacity constraints and endogenous quality: greater financial saturation crowds-in quality investments. The findings of higher social surplus in the setting of all private schools, but greater private returns in the setting of one private school underscore the importance of leveraging market structure in designing educational subsidies
Additional Edition:
Erscheint auch als Druck-Ausgabe Andrabi, Tahir Upping the Ante; The Equilibrium Effects of Unconditional Grants to Private Schools Washington, D.C : The World Bank, 2018
Language:
English
Keywords:
Graue Literatur
DOI:
10.1596/1813-9450-8563
URL:
Volltext
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