Report Cards: The Impact of Providing School and Child Test Scores on Educational Markets
通过随机实验，研究发现向市场提供学校成绩单能提高考试成绩、降低私立学校学费并增加入学率，信息提供改善了市场效率和学生福利。
We study the impact of providing school report cards with test scores on subsequent test scores, prices, and enrollment in markets with multiple public and private providers. A randomly selected half of our sample villages (markets) received report cards. This increased test scores by 0.11 standard deviations, decreased private school fees by 17 percent, and increased primary enrollment by 4.5 percent. Heterogeneity in the treatment impact by initial school test scores is consistent with canonical models of asymmetric information. Information provision facilitates better comparisons across providers, and improves market efficiency and child welfare through higher test scores, higher enrollment, and lower fees.