Essays on the Economic Effect of School Finance Policies
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Essays on the Economic Effect of School Finance Policies
Georgia State UniversityScholarWorks (a) Georgia State UniversityEconomics DissertationsDepartment of EconomicsSummer 8-8-2017Essays on the Economic E Essays on the Economic Effect of School Finance PoliciesEffect of School Finance PoliciesJinsub ChoiGeorgia State UniversityFollow this and additional works at: https://scholamorks.gsu.edu/econ_dissRecommended CitationChoi,Jinsub, 'Essays on the Economic Effect of School Finance Policies.' Dissertation, Georgia State University, 201". https://scholaneotk Essays on the Economic Effect of School Finance Policiess.gsu.edu/econ_diss/129Ihls DtMCttatloo tt brought to you for free aisJ open xcoa by the IX-furtmcnt of Economics at ScbolarUõrks ,ịi' Georgia State UEssays on the Economic Effect of School Finance Policies
niversity. It has been accepted for inclusion in Economics Dissertations by an authorized admirnstratoe of SclxdarWvrks ỌĨ1 Georgia State University. Georgia State UniversityScholarWorks (a) Georgia State UniversityEconomics DissertationsDepartment of EconomicsSummer 8-8-2017Essays on the Economic E Essays on the Economic Effect of School Finance PoliciesChafr: Dr. Sally WallaceMajor Department: EconomicsThis dissertation consists of three chapters empirically analyzing how households and State-local governments respond to economic incentives created by school finance policies.The first chapter analyzes what effect school capital investments have on Essays on the Economic Effect of School Finance Policies housing values and household location choice. If the benefit of school capital investments outweighs the potential increase in local taxes, it wouldEssays on the Economic Effect of School Finance Policies
create an incentive for households to move into conununities with school capital investments so that school capital investments may increase housing vGeorgia State UniversityScholarWorks (a) Georgia State UniversityEconomics DissertationsDepartment of EconomicsSummer 8-8-2017Essays on the Economic E Essays on the Economic Effect of School Finance Policiesation of entitlement to an interest-free construction bond among districts in California. Although the lottery is exogenous, additional non-lottery allocation complicates identification. I develop an empirical model based on a sample selection method to create a counterfactual state in which additio Essays on the Economic Effect of School Finance Policiesnal non-lottery allocation would not have existed. I find that receiving the interest-free construction bond increases school capital expenditure andEssays on the Economic Effect of School Finance Policies
housing values at the district level. I find little evidence for the effect of the bond on household sorting and student's academic outcomes.The seconGeorgia State UniversityScholarWorks (a) Georgia State UniversityEconomics DissertationsDepartment of EconomicsSummer 8-8-2017Essays on the Economic E Essays on the Economic Effect of School Finance Policiesng disparities between rich and poor school districts, the Michigan slate gov eminent centralized a school finance system by restricting local discretion on raising school revenue and increasing grants to district governments. Previous theoretical studies suggest that the centralization could reduce Essays on the Economic Effect of School Finance Policies the level of school spending, but the empirical evidence is limited in the literature. Using the districtlevel panel data on school finance in MichigEssays on the Economic Effect of School Finance Policies
an and 4 neighboring states for the period of fiscal year 1990-2004.1 estimate the effect of the centralization on the level of school revenue and speGeorgia State UniversityScholarWorks (a) Georgia State UniversityEconomics DissertationsDepartment of EconomicsSummer 8-8-2017Essays on the Economic E Essays on the Economic Effect of School Finance Policieschool finance reform’s fiscal package in the case of the Michigan reform by estimating the effect on housing values, based on the Tiebout model in which fiscal attractiveness is capitalized into housing values. Although the previous studies have examined how U.S. states school finance reforms affect Essays on the Economic Effect of School Finance Policies school resources and educational outcomes, there exists little literature on whether they are fiscally attractive to households beyond the effect onEssays on the Economic Effect of School Finance Policies
them. My research fills this gap hl the literature. 1 find that the reform increases median housing values in Michigan, having a greater positive effeGeorgia State UniversityScholarWorks (a) Georgia State UniversityEconomics DissertationsDepartment of EconomicsSummer 8-8-2017Essays on the Economic E Essays on the Economic Effect of School Finance Policiesre.ESSAYS ON THE ECONOMIC EFFECT OF SCHOOL FINANCE POLICIESBYJINSUB CHOIA Dissertation Submitted in Partial Fulfillment of the Requirements for the Degree ofDoctor of Philosophy in theAndrew Young School of Policy Studies ofGeorgia State UniversityGEORGIA STATE UNIVERSITY2017Copyright by Jinsub Choi Essays on the Economic Effect of School Finance Policies 2017Georgia State UniversityScholarWorks (a) Georgia State UniversityEconomics DissertationsDepartment of EconomicsSummer 8-8-2017Essays on the Economic EGeorgia State UniversityScholarWorks (a) Georgia State UniversityEconomics DissertationsDepartment of EconomicsSummer 8-8-2017Essays on the Economic EGọi ngay
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