The influence of school quality on housing prices in Korea

Sunku Hahn, Tae-Hwan Kim, Minho Kim

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

The existence of good schools is expected to increase nearby housing prices. We use a natural experiment from two cities in Korea where the high school entrance system changed from self-selection to geographical assignment. Our empirical results show that the existence of good high schools did increase the nearby housing prices as well as the rental prices.

Original languageEnglish
Pages (from-to)1021-1023
Number of pages3
JournalApplied Economics
Volume44
Issue number8
DOIs
Publication statusPublished - 2012 Mar 1

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Korea
High school
Housing prices
School quality
Self-selection
Assignment
Empirical results
Natural experiment

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

Cite this

Hahn, Sunku ; Kim, Tae-Hwan ; Kim, Minho. / The influence of school quality on housing prices in Korea. In: Applied Economics. 2012 ; Vol. 44, No. 8. pp. 1021-1023.
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The influence of school quality on housing prices in Korea. / Hahn, Sunku; Kim, Tae-Hwan; Kim, Minho.

In: Applied Economics, Vol. 44, No. 8, 01.03.2012, p. 1021-1023.

Research output: Contribution to journalArticle

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