Educational vouchers, welfare effects, and voting

• 成果类型: Article
• 署名作者: Hoyt, WH; Lee, K
• 署名单位: University of Kentucky; University System of Maryland; Towson University
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/S0047-2727(98)00023-1
• 发表日期: 1998
• 页码: 211-228
• 关键词: educational vouchers; tax reduction; voting

摘要

We analyze the welfare effects and voting equilibrium with vouchers for private schools. The analysis shows that vouchers, like tuition tax credits [Martinello and West (1988); Frey (1983)], may improve the welfare of all families, including families whose children remain in public schools, if public educational quality is unchanged and publicly-financed educational expenditures decrease. Thus, voters will approve a voucher only if it reduces taxes. When public educational quality is endogenous, a voucher may increase quality by reducing the tax cost of quality and will be approved if it reduce taxes at the pre-voucher public education level and increases quality. (C) 1998 Elsevier Science S.A.