This study investigates what factors determine students' academic performance in 5 major Eastern Asian economies. It does so using data gathered through the 2007 Trends in International Mathematics and Science Study. In a regression analysis, we explicitly consider initial maturity differences, endogeneity of class size and peer effects. We find that a student's individual and family backgrounds are key determinants of educational performance, while institutional and resource variables have a more limited effect. Peer effects are significant in general, but ability-sorting at the school and/or class levels makes it difficult to interpret these effects in Hong Kong and Singapore. © 2012 East Asian Economic Association and Wiley Publishing Asia Pty Ltd.
CITATION STYLE
Hojo, M., & Oshio, T. (2012). What Factors Determine Student Performance in East Asia? New Evidence from the 2007 Trends in International Mathematics and Science Study. Asian Economic Journal, 26(4), 333–357. https://doi.org/10.1111/j.1467-8381.2012.02087.x
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