The Value of Private Schools: Evidence from Pakistan
利用巴基斯坦农村教育市场数据，估计家庭对公立和私立学校的差异化需求，发现家庭愿为缩短上学距离支付高额费用，而价格弹性较低；私立学校的存在对家庭价值巨大，相当于年人均支出的2%至7%。
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.