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Equality in education, synchronous enrolment policy and housing prices of school districts: Based on the experience of Hangzhou

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Titel: Equality in education, synchronous enrolment policy and housing prices of school districts: Based on the experience of Hangzhou
Autoren: Chuanhao Tian, Yu Teng, Wenjun Ji
Quelle: Journal of Urban Management, Vol 13, Iss 1, Pp 62-73 (2024)
Verlagsinformationen: Elsevier BV, 2024.
Publikationsjahr: 2024
Schlagwörter: Urbanization. City and country, Equality in education, 4. Education, 05 social sciences, 0211 other engineering and technologies, 02 engineering and technology, Capitalization effects, JF20-2112, 0502 economics and business, Synchronous enrollment policy, School district housing prices, HT361-384, Political institutions and public administration (General), 10. No inequality
Beschreibung: Housing is the major way for Hangzhou residents to access public primary and secondary education resources. The implementation of educational equalization policies will impact housing prices, especially school district housing prices. This paper focuses on the synchronous enrollment policy, which requires both public and private schools to enroll students simultaneously, thus changing the enrollment strategies for students and parents. Using the 2019 implementation of the synchronous enrollment policy in Hangzhou primary schools as a natural experiment, the difference-in-differences and quantile regression models were employed to estimate the capitalization of this policy and its heterogeneity. The results indicate that the policy leads to an appreciation of school district housing prices, with a stronger effect on the housing prices of elite public school districts. To achieve educational equalization, the government must formulate supporting policies to ensure internal balance in public schools and simultaneously create sufficient high-quality educational resources.
Publikationsart: Article
Sprache: English
ISSN: 2226-5856
DOI: 10.1016/j.jum.2023.11.002
Zugangs-URL: https://doaj.org/article/c349903807e34a2581e1fa199f2c82af
Rights: CC BY NC ND
Dokumentencode: edsair.doi.dedup.....2044aedca590f71a278dc3f6564ca16c
Datenbank: OpenAIRE
Beschreibung
Abstract:Housing is the major way for Hangzhou residents to access public primary and secondary education resources. The implementation of educational equalization policies will impact housing prices, especially school district housing prices. This paper focuses on the synchronous enrollment policy, which requires both public and private schools to enroll students simultaneously, thus changing the enrollment strategies for students and parents. Using the 2019 implementation of the synchronous enrollment policy in Hangzhou primary schools as a natural experiment, the difference-in-differences and quantile regression models were employed to estimate the capitalization of this policy and its heterogeneity. The results indicate that the policy leads to an appreciation of school district housing prices, with a stronger effect on the housing prices of elite public school districts. To achieve educational equalization, the government must formulate supporting policies to ensure internal balance in public schools and simultaneously create sufficient high-quality educational resources.
ISSN:22265856
DOI:10.1016/j.jum.2023.11.002