Piolatto, Amedeo (2008): Publicly provided private goods: education and selective vouchers.
Download (304kB) | Preview
The literature on vouchers often concludes that a vouchers-based system cannot be the outcome of a majority vote. This paper shows that, when the value of vouchers and who is entitled to receive them are fixed exogenously, the majority of voters are in favour of selective vouchers. On top of that, as long as the introduction of vouchers does not undermine the existence of the public school system, introducing selective vouchers induces a Pareto improvement. Middle class agents are the only one using vouchers in equilibrium, while the poorest agents in the economy profit from the reduction in public school congestion.
|Item Type:||MPRA Paper|
|Original Title:||Publicly provided private goods: education and selective vouchers|
|Keywords:||public economics; education; vouchers; voting|
|Subjects:||H - Public Economics > H4 - Publicly Provided Goods > H42 - Publicly Provided Private Goods
I - Health, Education, and Welfare > I2 - Education and Research Institutions
D - Microeconomics > D7 - Analysis of Collective Decision-Making > D70 - General
|Depositing User:||Amedeo Piolatto|
|Date Deposited:||04. Jun 2008 04:33|
|Last Modified:||18. Feb 2013 23:26|
Chen, Z. and E. G. West (2000). Selective versus universal vouchers: Modeling median voter preferences in education. American Economic Review 90 (5), 1520—1534.
Duncombe, W., J. Miner, and J. Ruggiero (1995). Potential cost savings from school district. Economics of Education Review 14, 365—284.
Epple, D. and R. Romano (1996a). Ends against the middle: Determining public service provision when there are private alternatives. Journal of Public Economics 62(3), 297—325.
Epple, D. and R. Romano (1996b). Public provision of private goods. Journal of Political Economy 104(1), 57—84.
Epple, D. and R. Romano (1998). Competition between private and public schools, vouchers, and peer-group effects. American Economic Review 88 (1), 33—62.
Epple, D., R. Romano, and H. Sieg (2006). Admission, tuition, and financial aid policies in the market for higher education. Econometrica 74, 885—928.
Glomm, G. and B. Ravikumar (1998). Opting out of publicly provided services: A majority voting result. Social choice and welfare 15, 187—199.
Kokkelenberg, E. C., M. Dillon, and S. M. Christy (2008). The effects of class size on student grades at a public university. Economics of Education Review 27, 221—233.
Lazear, E. (2001). Educational production. Quarterly Journal of Economics 116, 777—803.
Ruggiero, J. (1999). Nonparametric analysis of educational costs. European Journal of Operational Research 119, 605—612.
Smet, M. (2001). Determining the optimal size of study fields in flemish secondary education. Economics of Education Review 20, 443—457.
Stiglitz, J. E. (1974). The demand for education in public and private school systems. Journal of Public Economics 3, 349—385.
Wössmann, L. and M. West (2006). Class-size effects in school systems around the world. European Economic Review 50, 695—736.
Available Versions of this Item
- Publicly provided private goods: education and selective vouchers. (deposited 04. Jun 2008 04:33) [Currently Displayed]