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The willingness to pay for education indeveloping countries: Evidence from rural Peru.

By: Material type: TextSeries: Working papers series; no. 54Publication details: Washington : World Bank, 1989.Subject(s): Summary: This study looks at the low price elasticity of demand for schooling, and argues that elasticities alone are not enough, i.e. one must estimate the willingness to pay for schooling improvements to see whether higher fees are in fact desirable.
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This study looks at the low price elasticity of demand for schooling, and argues that elasticities alone are not enough, i.e. one must estimate the willingness to pay for schooling improvements to see whether higher fees are in fact desirable.

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