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American Economic Review Vol. 104 No. 5 2014

Estimation of an Education Production Function under Random Assignment with Selection

Eleanor Jawon Choi1; Hyungsik Roger Moon2; Geert Ridder3

1 College of Economics and Finance, Hanyang University, 222 Wangsimni-ro, Seongdong-gu, Seoul 133-791, Korea (e-mail: ) · 2 Department of Economics, University of Southern California, KAP 300, Los Angeles, CA 90089–0253 and School of Economics, Yonsei University, Seoul, Korea (e-mail: ) · 3 Department of Economics, University of Southern California, KAP 300, Los Angeles, CA 90089–0253 (e-mail: )

Abstract

This paper estimates an education production function using data on the College Scholastic Ability Test score and high school characteristics from Seoul, Korea, where, on entering high school, students are randomly assigned to schools within each school district. We derive a school production function by aggregating the individuals' potential outcomes under the random assignment and no cohort effect assumption. We find that the school production function coefficients differ between districts and that the single-sex school effect estimate is much larger than that found in previous studies.

DOI
10.1257/aer.104.5.206
Volume
104
Issue
5
Pages
206-211
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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