(The) impact of neighborhoods on the consumption of private education
개인의 사교육 소비에 이웃이 미치는 영향 /
- 사회과학대학 경제학부
- Issue Date
- 서울대학교 대학원
- private education ; positional good ; reference group ; relative consumption ; neighbor's e ect
- 학위논문 (석사)-- 서울대학교 대학원 : 경제학부, 2016. 8. 이인호.
- This paper characterizes the eects of neighbourhoods on the consumption
of private education by studying those who moved passing districts for
a reason other than children's education in Korea. In this study, I present a
quasi-experimental evidence that people adjust the consumption considering
the average of newly given neighbourhoods. Households increase their expenditure
by about 50,000 won after moving to a new region where the average
consumption is relatively high. On the other hand, households which moved
to where with lower consumption decrease the expenditure by 50,000 won.
This pattern also holds when the consumption is measured in unit, not by the
expenditure, implying that the dierence in price level among regions can't
fully explain this phenomenon. Also, households adjust tutoring and private
institute consumption rather than after school and complementary courses
consumption, which supports that some private education are more positional
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