题目：Winning at the Starting Line:The Key School Education Premium and Housing Prices in Beijing
摘要：This paper estimates the valuation of elite primary schools in Beijing during 2013–16 based on the price premium of the residential housing in their corresponding school attendance zones. First, the regression-discontinuity method is applied and the sample is restricted to the area where the rental price difference becomes statistically insignificant across school attendance zone boundaries. In this way, the analysis separates the neighborhood effect from the school quality effect. Second, the paper proposes a novel instrumental variable, using a Voronoi diagram to construct a theoretical school attendance zone boundary. The theoretical boundary is used to solve the endogenous school attendance zone quality problem that school attendance zone boundaries are expected to change over time.