National Subsidy Program for Expenditures on New Construction and Expansion of Present School Facilities in Japan
Country: Japan Introduces the National Subsidy Program for expenditures on new construction and expansion of present school facilities in Japan. Legislation on reconstruction, renovation and construction of schools is also provided.
The Effect of School Construction on Test Scores, School Enrolments and Home Prices
Country: Germany Presents new evidence on the effect of school construction projects on home prices, academic achievement and public school enrolment. Six years after building occupancy, USD 10 000 of per-student investment in school construction raised reading scores for elementary and middle school students by 0.027 standard deviations. School construction also raised home prices and public school enrollment in zoned neighborhoods.