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This paper explores why private schools outperform public schools in many education systems. School, teacher, and principal autonomy are explored as possible mediating variables for the private school effect on math and reading test scores in all countries or education systems that participated in the 2009 PISA exam. Mediation analysis is conducted using OLS Regression. Curricular autonomy acts as a full mediator of the private school effect on reading performance and a partial mediator of math performance. Principal and teacher involvement in resource and curricular choices are partial mediators of the private school effect. Possible implications are drawn as school level autonomy is manipulable, unlike many other factors related to the private school effect (SES, peer effects, and sorting).