Aghion, P., M. Dewatripont, and P. Rey. 1999. “Competition, Financial Discipline and Growth.” Review of Economic Studies 66:825–52.CrossrefGoogle Scholar
Baker, F. B. and S. H. Kim, (eds.). 2004. Item Response Theory: Parameter estimation techniques. Boca Raton, FL: CRC Press.Google Scholar
Bertrand, M., E. Duflo, and S. Mullainathan. 2004. “How Much Should We Trust Differences-in-Differences Estimates?” Quarterly Journal of Economics 119:249–75.CrossrefGoogle Scholar
Brummet, Q. 2014. “The Effect of School Closings on Student Achievement.” Journal of Public Economics 119:108–24.CrossrefGoogle Scholar
Card, D., M. Dooley, and A. Payne. 2010. “School Competition and Efficiency with Publicly Funded Catholic Schools.” American Economic Journal: Applied Economics 2 (4):150–76.CrossrefGoogle Scholar
Card, D., and A. B. Krueger. 1993. “Minimum wages and employment: A case study of the fast food industry in New Jersey and Pennsylvania. (No. w4509). National Bureau of Economic Research.”
De la Torre, M., and J. Gwynne. 2009. When Schools Close: Effects on Displaced Students in Chicago Public Schools. Research Report. Consortium on Chicago School Research.
Disney, R., J. Haskel, and Y. Heden. 2003. “Restructuring and Productivity Growth in UK Manufacturing.” The Economic Journal 113:666–94.CrossrefGoogle Scholar
Education and Manpower Bureau [EMB]. 1994. Code of Aid for Primary Schools. Hong Kong: Hong Kong Printing Department.Google Scholar
[EMB]. 2003. Legislative Council Panel on Education: Consolidation of High Cost & Under-Utilized Primary Schools. LC Paper No. CB(2) 1826/02-03(01). Hong Kong: Hong Kong Printing Department.Google Scholar
[EMB]. 2004. Legislative Council Panel on Education: Planning and Provision of Public Sector School Places. LC Paper No. 1058/03-04(01). Hong Kong: Hong Kong Printing Department.Google Scholar
[EMB]. 2007. Report on Primary One Admission 2006. Hong Kong: Hong Kong Printing Department.Google Scholar
[EMB]. 2015. Hong Kong: The Facts. Accessed June 21, 2015. http://www.gov.hk/en/about/abouthk/factsheets/docs/education.pdf.
Eisdorfer, A. 2008. “Empirical Evidence of Risk Shifting in Financially Distressed Firms.” Journal of Finance 63:609–37.CrossrefGoogle Scholar
Engberg, J., B. Gill, G. Zamarro, and R. Zimmer. 2012. “Closing Schools in a Shrinking District.” Journal of Urban Economics 71 (2):189–203.CrossrefGoogle Scholar
Figlio, D. N., and C. E. Rouse. 2006. “Do Accountability and Voucher Threats Improve Low-Performing Schools?” Journal of Public Economics 90:239–55.CrossrefGoogle Scholar
Finn, J. D., G. M. Pannozzo, and C. M. Achilles. 2003. “The “Why’s of Class Size: Student Behavior in Small Classes.” Review of Educational Research 73 (3):321–68.CrossrefGoogle Scholar
Gallego, F. 2013. “When Does Inter-School Competition Matter? Evidence from the Chilean “Voucher System.” The BE Journal of Economic Analysis & Policy 13 (2):525–62.Google Scholar
Goldstein, H. 2001. Multilevel Statistical Models. Sydney: Edward Arnold.Google Scholar
Goldstein, J. R., T. Sobotka, and A. Jasilioniene. 2009. “The End of “Lowest‐Low” Fertility?” Population and Development Review 35:663–99.CrossrefGoogle Scholar
Greene, J. P. 2001. An evaluation of the Florida A-Plus Accountability and School Choice Program. Center for Civic Innovation at the Manhattan Institute.
Hanushek, E. A., and M. E. Raymond. 2005. “Does School Accountability Lead to Improved Student Performance?” Journal of Policy Analysis and Management 24:297–327.CrossrefGoogle Scholar
Hart, O. D. 1983. “The Market Mechanism as an Incentive Scheme.” Bell Journal of Economics 14:366–82.CrossrefGoogle Scholar
Hermalin, B. 1992. “The Effects of Competition on Executive Behavior.” RAND Journal of Economics 23:350–65.CrossrefGoogle Scholar
Horvat, E. M., E. B. Weininger, and A. Lareau. 2003. “From Social Ties to Social Capital.” American Educational Research Journal 40 (2):319–51.CrossrefGoogle Scholar
Hoxby, C. M. 2000. “Does Competition Among Public Schools Benefit Students and Taxpayers?” American Economic Review 90:1209–38.CrossrefGoogle Scholar
Hsieh, C. -T., and M. Urquiola. 2006. “The Effects of Generalized School Choice on Achievement and Stratification.” Journal of Public Economics 90 (8):1477–503.CrossrefGoogle Scholar
Imbens, G. M., and J. M. Wooldridge. 2008. “Recent Developments in the Econometrics of Program Evaluation.” Working paper no. 14251. NBER.
Jensen, M., and R. Ruback. 1983. “The Market for Corporate Control: The Scientific Evidence.” Journal of Financial Economics 11:5–50.CrossrefGoogle Scholar
Johnson, S., P. Boone, A. Breach, and E. Friedman. 2000. “Corporate Governance in the Asian Financial Crisis.” Journal of Financial Economics 58 (1):141–86.CrossrefGoogle Scholar
Krieg, J. M. 2011. “Which Students Are Left Behind?” Economics of Education Review 30:654–64.CrossrefGoogle Scholar
Kirshner, B., M. Gaertner, and K. Pozzoboni. 2010. “Tracing Transitions the Effect of High School Closure on Displaced Students.” Educational Evaluation & Policy Analysis 32 (3):407–29.Google Scholar
Kurdek, L. A., and R. J. Sinclair. 1988. “Relation of Eighth Graders’ Family Structure, Gender, and Family Environment with Academic Performance and School Behavior.” Journal of Educational Psychology 80 (3):90–4.CrossrefGoogle Scholar
Lavy, V. 2010. “Effects of Free Choice among Public Schools.” Review of Economic Studies 77:1164–91.CrossrefGoogle Scholar
Martin, S. 1993. “Endogenous Firm Efficiency in a Cournot Principal-Agent Model.” Journal of Economic Theory 59 (2):445–50.CrossrefGoogle Scholar
McEwan, P. J., M. Urquiola, and E. Vegas. 2008. “School Choice, Stratification, and Information on School Performance: Lessons from Chile.” Economia 8 (2):1–42.
Meyer, B.D., W. K. Viscusi, and D.L. Durbin. 1995. “Workers’ compensation and injury duration: evidence from a natural experiment”. American Economic Review 322–40.
Morck, R., A. Shleifer, and R. W. Vishny. 1998. “Management ownership and market valuation: An empirical analysis.” Journal of Financial Economics 68 (1):293–15.
Nalebuff, B. J., and J. Stiglitz. 1983. “Information, Competition, and Markets.” American Economic Review 73:278–83.Google Scholar
Neal, D., and D. W. Schanzenbach. 2010. “Left Behind by Design: Proficiency Counts and Test-Based Accountability.” The Review of Economics and Statistics 92 (2):263–83.CrossrefGoogle Scholar
Rockoff, J. E., and L. J. Turner. 2010. “Short-Run Impacts of Accountability on School Quality.” American Economic Journal: Economic Policy 2:119–47.CrossrefGoogle Scholar
Rothstein, J. M. 2006. “Good Principals or Good Peers.” American Economic Review 96:1333–50.CrossrefGoogle Scholar
Sandström, F. M., and F. Bergström. 2005. “School Vouchers in Practice: Competition Will Not Hurt You.” Journal of Public Economics 89 (2):351–80.CrossrefGoogle Scholar
Scharfstein, D. 1988. “Product-Market Competition and Managerial Slack.” RAND Journal of Economics 19:147–55.CrossrefGoogle Scholar
Schmidt, K. 1997. “Managerial Incentives and Product Market Competition.” Review of Economic Studies 64:191–213.CrossrefGoogle Scholar
Shleifer, A. 2004. “Does Competition Destroy Ethical Behavior?” American Economic Review 94:414–18.CrossrefGoogle Scholar
Smart, A. 2003. “The Role of New Arrivals in Hong Kong’s Economic Imaginary.” In Approaching Transnationalisms, edited by B. S. A. Yeoh, K. P. Lai, M. W. Charney and T. C. Kiong, 39–59. New York: Springer US.Google Scholar
Stiglitz, J., and A. Weiss. 1981. “Credit Rationing in Markets with Imperfect Information.” American Economic Review 71:393–410.Google Scholar
Urquiola, M. 2006. “Identifying Class Size Effects in Developing Countries: Evidence From Rural Bolivia.” Review of Economics and Statistics 88 (1):171–7.CrossrefGoogle Scholar
Walker, A. 2004. “Constitution and Culture.” Discourse 25 (1):75–94.Google Scholar
Wooldridge, J. M. 2013. Introductory Econometrics, 5th ed. Mason, OH: South-Western Cengage Learning.Google Scholar