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Working paper

Эффекты сообучения и конкуренция в студенческой среде

This paper presents the results of empirical research on peer group effects (PGEs) in universities. Alternative explanatory microeconomic approaches of PGEs based on education externalities and scores competition among students. These are used to formulate testable hypotheses, which allow revealing the nature of PGEs in Economics Department at Higher School of Economics. Econometric hypotheses testing procedures show that competition based PGEs model cannot be rejected at 5% significance level. This means that PGEs among the students can be explained by the model of their competition for scores/credits rather than by conventionally considered education externalities. This fact indicates that students are more interested in the formal component of higher education rather than in accumulating human capital while studying.