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IZA
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Diploma No Problem: Can Private Schools Be of Lower Quality than Public Schools?
by
Giorgio Brunello, Lorenzo Rocco
(October 2004)
published as 'Educational standards in private and public schools' in: The Economic Journal, 2008, 118 (533), 1866-1887
Abstract:
Motivated by anecdotal as well as econometric evidence from Italy, we ask whether private
schools can provide lower quality than public schools. Using a stylized model of the
education market with sequential entry of a public and a private school, we show that,
depending on the underlying parameters of the model, a market structure with the private
school offering at a positive price lower quality than the public school can be an equilibrium.
The calibrated parameters for Italy suggest the existence of such an equilibrium in the Italian
market for education.
Text: See Discussion Paper No. 1336 
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