Price Effects of Nonprofit College and University Mergers
研究了2000至2015年间美国非营利性高校合并对学费的影响,发现合并后学费比未合并的同类院校上涨5%至7%,并暗示高校可能通过合并加强价格歧视。
Nonprofit colleges and universities have merged across the United States citing economies of scale and scope. Yet whether these mergers raise prices has not been empirically assessed. Using a retrospective merger evaluation approach, I estimate that the average merger between 2000 and 2015 increased tuition and fees by 5% to 7% relative to nonmerging institutions in the same state and sector (public or nonprofit). Effects on net prices are estimated imprecisely, but the results are suggestive that nonprofit colleges use mergers to increase price discrimination.