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外文文献学区房 The effect of school quality on housing rents_ Evidence from Matsue city in Japan.pdf

外文文献学区房 The effect of school quality on housing rents_ Evidence from Matsue city in Japan.pdf

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Journal of The Japanese and International Economies 50 (2018) 16–25 Contents lists available at ScienceDirect Journal of The Japanese and International Economies journal homepage: /locate/jjie The effect of school quality on housing rents: Evidence from Matsue city in T Japan☆ Yuta Kuroda Graduate School of Economics and Management, Tohoku University, Sendai 980-8576, Japan A R T I C L E I N F O A B S T R A C T Keywords: This study investigates the effect of public school quality on housing rents within a school district. I estimate the Housing rent causal effect of school quality as measured by average test scores on housing rents, by using a regression dis- School quality continuity design to control for unobserved characteristics of neighborhoods. Specifically, I focus on apartment School district buildings located within school attendance district boundaries. I find that school quality has a significantly Regression discontinuity design positive effect on housing rents of apartments for families, but school quality does not have a significant effect on JEL classifi cations: housing rents of dwellings for single people. These results show that parents are willing to pay more to send their R31 ch

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