Buy the Book? Evidence on the Effect of Textbook Funding on School-Level Achievement
2016 ◽
Vol 8
(4)
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pp. 100-127
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This paper considers the effect of textbook funding on school-level test performance by using a quasi-experimental setting in the United States. I consider a lawsuit in California that provided a one-time payment of $96.90 per student for textbooks if schools fell below a threshold of academic performance. Exploiting this variation with a regression discontinuity (RD) design, I find that textbook funding has significant positive effects on school-level achievement in elementary schools and has a high benefit-per-dollar. In contrast to elementary schools, I find no effect in middle and high schools though these estimates are very imprecise. (JEL H75, I21, I22, I24, I28)
2016 ◽
Vol 35
(2)
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pp. 141-156
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