@article{8bf6f4f31322402c86fbd158f4a4c525,
title = "Using school scholarships to estimate the effect of private education on the academic achievement of low-income students in Chile",
abstract = "This paper estimates the impact of private education on the academic achievement of low-income students in Chile. To deal with selection bias, we use propensity score matching to compare the test scores of reduced-fee paying, low-income students in fee-charging private voucher schools to those of similar students in public schools and free private voucher schools. Our results reveal that students in fee-charging private voucher schools score slightly higher than students in public schools. The difference in standardized test scores is approximately 10 points, a test score gain of 0.2 standard deviations. We find no difference in the academic achievement of students in the fee-charging private voucher treatment group relative to their counterparts in free private voucher schools.",
keywords = "Educational vouchers, School choice, Student financial aid",
author = "Priyanka Anand and Alejandra Mizala and Andrea Repetto",
note = "Funding Information: We thank two referees, our editor Dan Goldhaber, Joe Altonji, Josh Angrist, Felipe Balmaceda, Raphael Bergoeing, Dante Contreras, Gregory Elacqua, Eduardo Fajnzylber, Miguel Fuentes, Andr{\'e}s Gomez-Lobo, Alan Krueger, Oscar Landerretche, Victor Lavy, Fernanda Melis, Javier Nu{\~n}ez, Walter Oliva, Claudio Sapelli, Miguel Urquiola, Sergio Urz{\'u}a, and participants at the 2005 Econometric Society World Congress; the Conference on Educational Choice in Comparative Perspective at Princeton University; the Center for Applied Economics and the Economics Department of the University of Chile, the Economics Institute of the Catholic University of Chile, the Central Bank of Chile and the 2006 Meetings of the Chilean Economics Society for comments and suggestions. We also thank Luis Bendez{\'u}, Paola Bord{\'o}n and Bernardo Lara who provided valuable assistance. We are grateful to the SIMCE office at Chile's Ministry of Education for providing us with the data. Funding from Fondecyt (#1050488 and #1070316), the Fulbright Commission and PBCT-CONICYT Project CIE-05 is gratefully acknowledged. The authors bear sole responsibility for the views expressed in the paper.",
year = "2009",
month = jun,
doi = "10.1016/j.econedurev.2008.03.005",
language = "English",
volume = "28",
pages = "370--381",
journal = "Economics of Education Review",
issn = "0272-7757",
publisher = "Elsevier Ltd.",
number = "3",
}