The Review of Economics and Statistics Vol. 106 No. 5 2024
The Value of Private Schools: Evidence from Pakistan
open access
Abstract
Using unique data from Pakistan, we estimate a model of demand for differentiated products in 112 rural education markets with significant choice among public and private schools. Families are willing to pay substantially for reductions in distance to school, but, in contrast, price elasticities are low. Using the demand estimates, we show that the existence of a low-fee private school market is of great value for households in our sample, reaching 2% to 7% of annual per capita expenditure for those choosing private schools.
- DOI
- 10.1162/rest_a_01237
- Volume
- 106
- Issue
- 5
- Pages
- 1301-1318
- Language
- en
- Sources
- bibtex:phds-export.bib openalex crossref