University rankings in action? The importance of rankings and an excellence competition for university choice of high-ability students?

No 11-061, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: This paper analyzes how high-ability students respond to different indicators of university quality when applying for a university. Are some quality dimensions of a ranking, e.g. research reputation or mentoring more important than others? I estimate a random utility model using administrative application data of all German medical schools. As identification relies on the variation in quality indicators over time, I can disentangle the response to changes in quality indicators from the common knowledge regarding the overall university attractiveness. Results show that the ranking provides more relevant information in the quality dimensions mentoring, infrastructure and students' satisfaction than with respect to research.

Keywords: Higher education; university choice; college admission; conditional logit (search for similar items in EconPapers)
JEL-codes: C25 I21 I23 I28 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-cse, nep-dcm, nep-edu, nep-lab and nep-sog
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Journal Article: University rankings in action? The importance of rankings and an excellence competition for university choice of high-ability students (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:11061

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