Estimating the value and distributional effects of free state schooling

Sofia N. Andreou, Christos Koutsampelas () and Panos Pashardes

Economics Letters, 2014, vol. 125, issue 2, 303-305

Abstract: The effects of free of charge state education on income distribution are often studied by allocating government education outlays to households, assuming that these outlays equal the benefit which households attach to state schooling. This paper proposes a demand analysis approach to estimating the ‘true’ value of state education as perceived by consumers, and uses the results to assess the inefficiency of public provision. Empirical analysis based on data from Cyprus suggests that state schooling costs twice the amount households are willing to pay for. The implications of this finding for the equality and anti-poverty effects of state education are illustrated.

Keywords: Education; Inequality; Poverty; Consumer demand (search for similar items in EconPapers)
JEL-codes: D12 H42 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0165176514003711
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:125:y:2014:i:2:p:303-305

DOI: 10.1016/j.econlet.2014.09.027

Access Statistics for this article

Economics Letters is currently edited by Economics Letters Editorial Office

More articles in Economics Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().