A Consumer Demand Approach to Estimating the Education Quality Component of Housing Cost
Sofia Andreou (),
Panos Pashardes and
University of Cyprus Working Papers in Economics from University of Cyprus Department of Economics
A consumer demand-based approach is proposed for estimating the shadow price of education relative to housing for households with children in state schools. This approach can be used together with or in place of a hedonic approach in countries where the location of households is not disclosed in publicly available data. An empirical illustration is provided using UK data from the family expenditure surveys.
Keywords: Consumer demand; hedonic analysis; school quality (search for similar items in EconPapers)
Pages: 13 pages
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Journal Article: A consumer demand approach to estimating the education quality component of housing cost (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:ucy:cypeua:09-2011
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