Tài liệu What is a high school worth?: A model of Australian private secondary school fees docx

J. N. Lye and J. G. Hirschberg

Department of Economics

Working Paper Series

Sept 2012

Research Paper Number 1161

ISSN: 0819 2642

ISBN: 978 0 7340 4512 6

Department of Economics

The University of Melbourne

Parkville VIC 3010

www.economics.unimelb.edu.au

What is a high school worth?: A model of

Australian private secondary school fees

What is a high school worth?: A model of

Australian private secondary school fees

J. N. Lye and J. G. Hirschberg1

Abstract

Over the last few decades there have been significant increases in student enrolments in

Australian non-government schools. It has been suggested that this growth has been the

outcome of government subsidies to non-government schools. Despite this significant funding

school fees have also been increasing. In this paper we examine these changes for Victoria and

look at a number of comparisons between government and non-government schools. In

addition, rather than examining the determinants of school selection we examine the

determinants of fees at non-government schools by estimating a hedonic price model.

We conclude that the characteristics of the schools such as university entrance

performance do have a positive impact on the fees. In addition, we determine that the

socioeconomic status of the other students has a positive impact as well as the scale of the

school as measured by the number of staff, the variety of the offerings and the age of the

school all have a positive impact.

1

Department of Economics, University of Melbourne, Melbourne, Vic, 3010.