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Policy imlication

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  • EDUCATION AND ECONOMIC GROWTH EVIDENCE FROM CHINA AND POLICY IMLICATION Column C allows the racial and ethnic composition of SAT-takers to have an independent effect on average SAT scores. If there are cultural biases in SAT scores, for example, individual ethnicity may have a different effect than does the composition of the peer group. The coefficients on racial composition variables are large and significant, but again their inclusion has essentially no effect on the parameter of interest, the interaction of average peer quality with Tiebout choice....

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