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https://hdl.handle.net/20.500.14279/26601
Τίτλος: | Consumers’ valuation of academic and deprivation-compensating aspects of school performance in England |
Συγγραφείς: | Andreou, Sofia N. |
Major Field of Science: | Social Sciences |
Field Category: | Economics and Business |
Λέξεις-κλειδιά: | House prices;Education equality;Consumer valuation;School performance;Hedonic analysis;Contextual value added;D12;I21 |
Ημερομηνία Έκδοσης: | 2018 |
Πηγή: | International Journal of Social Economics, 2018, vol. 45, no. 4, pp. 661-681 |
Volume: | 45 |
Issue: | 4 |
Start page: | 661 |
End page: | 681 |
Περιοδικό: | International Journal of Social Economics |
Περίληψη: | Purpose – The purpose of this paper is to investigate the willingness of households to pay for academic and deprivation-compensating components of the Contextual Value Added (CVA) indicator of school quality used in England in order to locate themselves in the catchment area of state schools. Deprivation-compensating school performance, defined as the difference in the disadvantaged intake between two schools with the same academic performance. Design/methodology/approach – The empirical analysis, based on data drawn from three independent UK data sources, used parametric and non-parametric analysis approaches. The analysis conducted separately for primary and secondary schools, because household behaviour can differ between these two levels of education. Findings – Consumers are willing to pay for houses in the catchment area of primary and secondary schools with high academic achievement, as measured by the mean score; whereas, the component of the CVA indicating deprivation-compensating aspects of school performance is found to have a positive effect only on the price of houses in the catchment area of primary schools in London; its impact on the price of houses elsewhere is mostly negative. Practical implications – The analysis in this study suggested that the recently adopted practice of using CVA as a measure of school quality in England can encourage government and Local Authorities to pay more attention to raising the deprivation-compensating aspects of school performance of their schools. Originality/value – This is the first study to explore the value which households attach to deprivation-compensating outcomes, at a given level of academic performance using the CVA indicator. |
URI: | https://hdl.handle.net/20.500.14279/26601 |
ISSN: | 03068293 |
DOI: | 10.1108/IJSE-03-2017-0062 |
Rights: | © Emerald |
Type: | Article |
Affiliation: | University of Cyprus |
Publication Type: | Peer Reviewed |
Εμφανίζεται στις συλλογές: | Άρθρα/Articles |
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