Renzhe Yu Receives "Outstanding Research Award" from the National Forum on Empirical Educational Research in China
PhD student Rhenzhe Yu has been honored with an "Outstanding Research Award" from the National Forum on Empirical Educational Research in China. The award is granted each year to ten published research papers from across the country. Mr. Yu's paper, authored in collaboration with Wei Ha -- "How Much is an Improved School Worth? Evidence from the Comprehensive Reform in Compulsory Education in Beijing" -- was one of 146 submissions considered for the ten 2018 awards.
Mr. Yu is a second year PhD in Education student specializing in Language, Literacy, and Technology. His research interests include learning analytics, learning sciences, instructional design, technology and education, and computational modeling. He is advised by Professor Mark Warschauer.
In recent years, there has been a mushrooming of studies that estimate the capitalization effect of school quality into home values in China. However, these studies have not tackled the endogeneity issue well. Our study takes advantage of a reasonably exogenous comprehensive reform in compulsory education in Beijing and a regression discontinuity approach to estimate the housing price premium of school quality in Beijing. Our findings show that the first three waves of reform-induced improvement in school quality are on average associated with a 1. 2% increase in housing prices within the attendance zones of the improved schools. It takes more than one year before this effect to become noticeable. The effects were much larger and appear much faster for the first wave of the improved schools and for small apartments. These results imply that the benefits of the reform may be captured by the relative well-off group in the society, which sheds lights on the policy efforts to equalize school resources in China’s compulsory education.
Ha, W., & Yu, R. (2017). How much is an improved school worth? Evidence from the Comprehensive Reform in Compulsory Education in Beijing (in Chinese). Peking University Education Review, 15(03):137-153. [Corresponding author]