The Effect of School Quality on Housing Rent: Evidence from Matsue city in Japan

Yuta Kuroda

No 68, DSSR Discussion Papers from Graduate School of Economics and Management, Tohoku University

Abstract: This study investigates the effect of public school quality on the housing rent within its school district by using Japanese data. I estimate the causal effect of school quality as measured by average test score on housing rent by using regression discontinuity design to control for unobserved characteristics of neighborhoods. Specifically, I focus on apartment buildings located on school attendance district boundaries. I find that school quality has significantly positive effect on housing rent of apartment for families, where school quality does not have significant effect on housing rent of houses for single person. This results show that parents are willing to pay more to send their child to better school.

Pages: 19 pages
Date: 2017-04
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http://hdl.handle.net/10097/00120641

Related works:
Journal Article: The effect of school quality on housing rents: Evidence from Matsue city in Japan (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:toh:dssraa:68

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