This study proposes an econometric framework to consistently estimate the average partial effects (APE) of school inputs on academic achievement when students are randomly assigned to schools within each school district but endogenously sort across school districts. We illustrate our method by estimating the APE of single-sex schooling and class size on standardized test scores using data from Seoul, Korea in the period of 2008-2009. Our APE estimates are smaller than the estimates from conventional linear regressions with school district fixed effects, which do not fully correct for endogenous district choice and thus suffer from selection bias.
|Number of pages||32|
|Journal||Korean Economic Review|
|Publication status||Published - 2019|
Bibliographical noteFunding Information:
* We thank two referees, Jae-Young Kim, Alan Krueger, David Lee, Nayoung Lee, Heonjae Song, Jungmo Yoon, and seminar participants at KLEA, Sogang University, and SKKU, as well as the Hanyang-Renmin, KAEA-KEA, KES, and SOLEEALE conferences for helpful comments and suggestions; the Korea Education and Research Information Service, the Korean Educational Development Institute, and the Korean Ministry of Education for providing data; and Jaewoo Choi and Sae Won Om for research assistance. Choi acknowledges that this work was supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-2015S1A5A8010685) and by the research fund of Hanyang University (HY-2017). Moon thanks the research award from the USC Lusk Center for Real Estate. All remaining errors are our own. The supplementary materials are available at https: //sites.google.com/view/eleanorjchoi/research. ** Corresponding and First Author, Associate Professor, College of Economics and Finance, Hanyang University, 222 Wangsimni-ro, Seongdong-gu, Seoul 04763, Korea. Email: choiej@ hanyang.ac.kr. Phone: +82-2-2220-1019. Fax: +82-2-2296-9587. *** Second Author, Professor, Department of Economics, University of Southern California, KAP 300, Los Angeles, CA 90089-0253, USA. School of Economics, Yonsei University, Seoul, Korea. Email: email@example.com. Phone: +1-213-740-2109. Fax: +1-213-740-8543. **** Third Author, Professor, Department of Economics, University of Southern California, KAP 300, Los Angeles, CA 90089-0253, USA. Email: firstname.lastname@example.org. Phone: +1-213-740-7432. Fax: +1-213-740-8543.
All Science Journal Classification (ASJC) codes
- Economics, Econometrics and Finance(all)