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Hierarchy and Market Competition in South Korea`s Higher Education Sector

Kim, Sunwoong / Lee, Ju Ho

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Abstract

This paper confirms that Korean higher education sector is highly hierarchical in which public and private institutions compete. In general, 4-year institutions (universities) specialize in higher quality spectrum, whereas 2-year institutions (colleges) specialize in lower quality spectrum with a substantial overlap of the two types institutions in the middle spectrum achievement. We also found that institutions located in Seoul or surrounding Kyunggi Province are able to attract better students and that there is a substantial premium for public universities even after controlling for net tuition and non-tuition subsidy.

Issue Date
2003-06
Publisher
KDI School of Public Policy and Management
Keywords
Higher Education; University; Hierarchy; Competition; South Korea
Pages
29
Series Title
KDI School Working Paper 03-04
DOI
10.2139/ssrn.504842
Language
ENG
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