The effect of start-up charter schools on nearby property values.

Autor/inn/en	Bluestone, Peter; Sjoquist, David L.; Warner, Nicholas
Titel	The effect of start-up charter schools on nearby property values.
Quelle	Aus: Hathaway, Alex (Hrsg.); Martinez-Vazquez, Jorge (Hrsg.); Thayer, Chris (Hrsg.): Tools for state and local fiscal management. Cheltenham: Edward Elgar Publishing (2021) S. 218-252 PDF als Volltext (1); PDF als Volltext (2) Link als defekt meldenVerfügbarkeit
Reihe	Studies in Fiscal Federalism and State-Local Finance
Sprache	englisch
Dokumenttyp	online; Sammelwerksbeitrag
ISBN	978-1-80088-640-7; 978-1-80088-641-4
DOI	10.4337/9781800886414.00020
Schlagwörter	Allgemein bildende Schule; Immobilie; Wert; Georgia; USA
Abstract	This chapter analyzes the economic impact of start-up charter schools on the communities they serve and on the state of Georgia as a whole, specifically through the effects that start-up charter schools have on property values of nearby homes. The authors use a rich dataset of home sales between 2004 and 2013 to study the variation in sales prices of houses across school attendance zones, as well as the variation in house values based on the distance from the charter schools, controlling for neighborhood and house characteristics. This analysis reveals that, for start-up charter schools with priority attendance zones, households are willing to pay an additional 3-5 percent to be within one half- mile of the school, with the effect rising to roughly 8 percent in the city of Atlanta. For start-up charter schools without priority zones, the positive economic effect is smaller and mostly isolated to charter schools in the Atlanta suburbs. Rural charter schools did not show a statistically significant effect on home prices.
Erfasst von	ZBW - Leibniz-Informationszentrum Wirtschaft, Kiel
Update	2023/1