Bearse, Peter and Cardak, Buly/A and Glomm, Gerhard and Ravikumar, B (2009): Why do education vouchers fail at the ballot box?
Download (300kB) | Preview
We compare a uniform voucher regime against the status quo mix of public and private education, focusing on the distribtuion of welfare gains and losses across households by income. We argue that the topping-up option available under uniform vouchers is not su¢ ciently valuable for the poorer households, so the voucher regime is defeated at the polls. Our result depends critically on the opting-out feature in the current system.
|Item Type:||MPRA Paper|
|Original Title:||Why do education vouchers fail at the ballot box?|
|Keywords:||vouchers, political economy, opting out, education finance|
|Subjects:||H - Public Economics > H4 - Publicly Provided Goods > H40 - General
D - Microeconomics > D7 - Analysis of Collective Decision-Making > D70 - General
I - Health, Education, and Welfare > I2 - Education and Research Institutions > I22 - Educational Finance ; Financial Aid
|Depositing User:||B Ravikumar|
|Date Deposited:||15. Oct 2011 19:42|
|Last Modified:||09. Oct 2015 15:55|
Bearse, P., Glomm, G. and Ravikumar, B., 2000, �On the Political Economy of Means-Tested Vouchers,� European Economic Review, 44:904-15.
Black, D., 1958, The Theory of Committees and Elections, Cambridge: Cambridge University Press.
Brunner, E. and Sonstelie, J., 2003, �Homeowners, Property Values, and the Political Economy of the School Voucher, �Journal of Urban Economics, 54:239-57.
Carnoy, M., 1997, �Is Privatization Through Education Vouchers Really the Answer? A Comment,� World Bank Research Observer, 12:105-16.
Cohen-Zada, D. and Justman, M., 2003, �The Political Economy of School Choice: Linking Theory and Evidence,� Journal of Urban Economics, 54:277-308.
Cohen-Zada, D. and Justman, M., 2005, �The Religious Factor in Private Education,� Journal of Urban Economics, 57:391-418.
Cooper, D., 2009, �Impending U.S. Spending Bust? The Role of Housing Wealth as Borrowing Collateral,� Federal Reserve Bank of Boston, Public Policy Discussion Paper No. 09-9. http://ssrn.com/abstract=1520576
Epple, D. and Romano, R., 1996, �Ends Against theMiddle: Determining Public Service Provision When There Are Private Alternatives,� Journal of Public Economics, 62:297- 325.
Epple, D. and Romano, R., 2008, �Educational Vouchers and Cream Skimming,� International Economic Review, 49:1395-1435.
Ferreyra, M., 2007, �Estimating the Effects of Private School Vouchers in Multi-District Economies, �American Economic Review, 97:789-817.
Friedman, M., 1962, Capitalism and Freedom, Chicago: University of Chicago Press.
Glomm, G. and Ravikumar, B., 1998, �Opting Out of Publicly Provided Services: A Majority Voting Result, �Social Choice and Welfare, 15:187-99.
Hoxby, C. M., 2000, �Does Competition Among Public Schools Bene�t Students and Taxpayers? Evidence from Natural Variation in School Districting,� American Economic Review, 90:1209�-1238.
Hoyt, W. H. and Lee, K., 1998, �Educational Vouchers, Welfare Effects, and Voting,� Journal of Public Economics, 69:211-228.
James, E., 1987, �The Public-Private Division of Responsibility for Education: An International Comparison,� Economics of Education Review, 6:1-14.
Lucas, R.E. Jr., 1976, �Econometric Policy Evaluation: A Critique,� Carnegie-Rochester Conference Series on Public Policy, 1:19-46.
Nechyba, T., 1999, �School Finance Induced Migration and Strati�cation Patterns: The Case of Private School Vouchers,� Journal of Public Economic Theory, 1:5-50.
Nechyba, T., 2000, �Mobility, Targeting, and Private School Vouchers,� American Economic Review, 90:130-146.
Rangazas, P., 1995, �Vouchers and Voting: An Initial Estimate Based on the Median Voter Model, �Public Choice, 82:261-279.
West, E., 1997, �Education Vouchers in Principle and Practice: A Survey,� The World Bank Research Observer, 12:83-103.