Does Research Add Value for Undergraduates?

V. Smith and John Horowitz ()

No 98-08, Working Papers from Duke University, Department of Economics

Abstract: This paper uses a hedonic model for pricing decisions in non-competitive markets to model the relationship between undergraduate tuition and the characteristics of private universities. The model includes measures of externally funded research, the influence of student aid policies, college and university characteristics, attributes of the student body, and the quality of the faculty. The overall conclusions is that externally funded research reduces tuition after account for faculty quality. The findings should be treated as suggestive because they are based on one year and a small sample.

JEL-codes: I21 O32 O38 (search for similar items in EconPapers)
Date: 1998
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.econ.duke.edu/Papers/Abstracts98/abstract.98.08.html main text

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:duk:dukeec:98-08

Access Statistics for this paper

More papers in Working Papers from Duke University, Department of Economics Department of Economics Duke University 213 Social Sciences Building Box 90097 Durham, NC 27708-0097.
Bibliographic data for series maintained by Department of Economics Webmaster ().