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How Much More Is a Good School District Worth?

Author

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  • Bogart, William T.
  • Cromwell, Brian A.

Abstract

Infers the value of public schools from sale prices of houses in neighborhoods in which public services are delivered by overlapping jurisdictions to isolate the effects of the public school from other local government services. Discusses differences across jurisdictions in the value of local public schools under a variety of assumptions about the degree of tax and service capitalization.

Suggested Citation

  • Bogart, William T. & Cromwell, Brian A., 1997. "How Much More Is a Good School District Worth?," National Tax Journal, National Tax Association;National Tax Journal, vol. 50(2), pages 215-232, June.
    • Handle: RePEc:ntj:journl:v:50:y:1997:i:2:p:215-32
    DOI: 10.1086/NTJ41789254
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    References listed on IDEAS

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    1. Schafer, Robert, 1979. "Racial discrimination in the Boston housing market," Journal of Urban Economics, Elsevier, vol. 6(2), pages 176-196, April.
    2. Epple, Dennis, 1987. "Hedonic Prices and Implicit Markets: Estimating Demand and Supply Functions for Differentiated Products," Journal of Political Economy, University of Chicago Press, vol. 95(1), pages 59-80, February.
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