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    Examination of US college textbook prices

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    Author
    Molina, Allen Christopher
    Chair
    Baek, Jungho
    Committee
    Wright, Christopher
    Little, Joseph
    Metadata
    Show full item record
    URI
    http://hdl.handle.net/11122/6103
    Abstract
    College textbook prices are investigated in detail using an Auto-Regressive Distributed Lag (ARDL) approach to cointegration. This technique allows for the examination of short and Long run affects to prices brought upon by changes in personal income, college enrollment, input Prices and changes in corporate profit. The 2008 economic downturn and the introduction of the 2008 Higher Education Opportunity Act have also been included in this analysis as factors Affecting price. The results of my analysis show that supply factors are stronger determinants in The long run changes of textbook prices, while in the short run, both supply and demand factors Are determinants of textbook prices. Both 2008 market shocks also were found to have negative Effects on prices in the college textbook market.
    Description
    Thesis (M.S.) University of Alaska Fairbanks, 2015
    Table of Contents
    1. Introduction -- 2. Background information -- 2.1 Literature review -- 2.2 Trends in college tuition and textbooks -- 2.3 The Higher Education Opportunity Act of 2008 -- 3. The model and the method -- 3.1 A price model of US college textbooks -- 3.2 The ARDL modelling -- 4. Variables and data sources -- 5. Empirical results -- 6. Conclusions and policy implications -- 7. Appendix.
    Date
    2015-08
    Type
    Thesis
    Collections
    Economics

    entitlement

     
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