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School District Consolidation, Student Performance, and Housing Values
David M. Brasington
Louisiana State University, Baton Rouge - Department of Economics
March 12, 1998
Abstract:
School district consolidation is often purported to save taxpayers money. However, the current study shows that doubling the size of a school lowers student proficiency passage rates by 1%. In turn, this lowers the average house price by $400. This represents 30% of the total loss in house value due to consolidation. Therefore, regardless of cost savings, homeowners' property values fall, and thus the tax base is likely to contract due to a school district merger. Unlike previous studies, both building and district size measures are used to analyze the effect of size on proficiency test passage and graduation rates.
Number of Pages in PDF File: 25
JEL Classification: H40, I21, D73, R00
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Date posted: October 7, 1998
Suggested CitationBrasington, David M., School District Consolidation, Student Performance, and Housing Values (March 12, 1998). Available at SSRN: http://ssrn.com/abstract=101591 or http://dx.doi.org/10.2139/ssrn.101591
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