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Access all areas? The impact of fees and background on student demand for postgraduate higher education in the UK

Wales, Philip (2013) Access all areas? The impact of fees and background on student demand for postgraduate higher education in the UK. SERC Discussion Papers (SERCDP0128). Spatial Economics Research Centre (SERC), London School of Economics and Political Science, London, UK.

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Abstract

This paper analyses participation in postgraduate higher education in the UK at the micro-level makes several contributions to the literature. Firstly, it describes trends in postgraduate participation in the UK. Secondly, it introduces a hitherto unavailable dataset of postgraduate tuition fees by institution and subject: the first of its kind. Thirdly, it attempts to control for several potential forms of endogeneity to assess the extent to which tuition fees affect demand. It adopts an instrumental variables approach to partially control for the potential endogeneity of tuition fees and includes a broad array of fixed effects to mitigate the impact of sorting into universities and endogenous residential selection. The results suggest that (1) there is substantial variation in tuition fees across and within institutions and that (2) tuition fees reduce demand for postgraduate places. In our preferred specification a 10% increase in tuition fees reduces the probability of progression by 1.7%.

Item Type: Monograph (Discussion Paper)
Official URL: http://www.spatialeconomics.ac.uk/SERC/publication...
Additional Information: © 2014 The Author
Divisions: Spatial Economics Research Centre
Subjects: H Social Sciences > HN Social history and conditions. Social problems. Social reform
L Education > LB Theory and practice of education > LB2300 Higher Education
JEL classification: C - Mathematical and Quantitative Methods > C2 - Econometric Methods: Single Equation Models; Single Variables > C25 - Discrete Regression and Qualitative Choice Models
D - Microeconomics > D1 - Household Behavior and Family Economics > D12 - Consumer Economics: Empirical Analysis
I - Health, Education, and Welfare > I2 - Education
J - Labor and Demographic Economics > J2 - Time Allocation, Work Behavior, and Employment Determination and Creation; Human Capital; Retirement > J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Sets: Research centres and groups > Spatial Economics Research Centre
Date Deposited: 15 Jul 2014 14:17
Last Modified: 05 Sep 2019 23:27
Funders: Economic and Social Research Council, Department for Business, Innovation & Skills (BIS), Welsh Assembly Government
URI: http://eprints.lse.ac.uk/id/eprint/57846

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