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Seoul Journal of Economics - Vol. 27 , No. 2
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Seoul Journal of Economics - Vol. 27, No. 2, pp. 137-147
Abbreviation: SJE
ISSN: 1225-0279 (Print)
Print publication date 30 May 2014
Received 30 Sep 2013 Revised 21 Nov 2013 Accepted 29 Nov 2013

Effects of Public and Private Schools on Academic Achievement
Sunku Hahn ; Tae-Hwan Kim ; Boyoung Seo
Professor, School of Economics, Yonsei University, Korea, Tel: 82-2-2123-5497, Fax: 82-2-2123-8614 (hahn@yonsei.ac.kr)
Professor, School of Economics, Yonsei University, Korea, Tel: 82-2-2123-5461, Fax: 82-2-2123-8638 (tae-hwan.kim@yonsei.ac.kr)
Graduate Student, Department of Economics, University of Minnesota, USA, Tel: 1-612-625-3923, Fax: 1-612-624-0209 (seoxx114@umn.edu)

JEL Classification: H4, I0, I2

Abstract

The Korean high school system is regulated and monitored by the government to ensure that (i) middle school graduates are randomly assigned to private and public high schools and (ii) the tuitions are the same for both institutions. Hence, any difference between the academic performances of the graduates from private and public high schools is a result from the difference in the schools’ efforts towards the students’ academic achievement. Results show that the students in private schools have better academic performance than those in public schools. Moreover, significant difference exists among boys-only, coed, and girls-only schools. The students’ income level influences their academic performance.

Keywords: Coeducational schools, Private schools, Public schools, Single-sex schools
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