NDLI: Evaluating the Office of Fair Trading’s ‘fee-paying schools’ intervention

Content Provider	Springer Nature Link
Author	Pesaresi, Enrico Flanagan, Cor Scott, Dominic Tregear, Paul
Copyright Year	2014
Abstract	This paper assesses the impact of the 2006 OFT intervention addressing the anti-competitive exchange of information in the setting of school fees by a group of 50 schools in the United Kingdom. Availing of a large panel dataset of school fees and other schools’ characteristics, the paper employs a differences-in-differences methodology to allow robust and statistically significant findings to be drawn. Evolution of school fees of the group of 50 infringing schools—subject to OFT treatment—is compared with a ‘no-intervention’ counterfactual scenario, informed by reference to a control group of 178 non-participating schools. The analysis controls for other factors that may influence the determination of fees, most notably the quality of the schools. The analysis finds the OFT intervention leads to a reduction of 1.6 % in the boarding fees of the infringing schools. This equates to savings of approximately £500 per boarder per term, and suggests consumer savings of around £85m may have been realised since intervention. Additional potential effects in spurring wider competitive responses by non-infringing schools are not considered in this analysis, and underline the conservative nature of the findings.
Starting Page	413
Ending Page	429
Page Count	17
File Format	PDF
ISSN	09291261
Journal	European Journal of Law and Economics
Volume Number	40
Issue Number	3
e-ISSN	15729990
Language	English
Publisher	Springer US
Publisher Date	2014-12-18
Publisher Place	New York
Access Restriction	One Nation One Subscription (ONOS)
Subject Keyword	Ex-post evaluation Public school Differences-in-differences Exchange of information Law and Economics European Integration Public Finance & Economics Commercial Law
Content Type	Text
Resource Type	Article
Subject	Business and International Management Law Economics and Econometrics

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1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
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