Previous research focuses on how sample characteristics and research methods affect school quality capitalization estimates. This paper instead examines how the institutional environments of each market affect capitalization, specifically, desegregation litigation and forced busing. The meta-analysis shows that previous desegregation litigation and forced busing are associated with significantly weaker school quality capitalization. The capitalization literature reports a wide range of estimates, so it is not surprising that the range of effects of prior litigation and forced busing on the market valuation of a one standard deviation in school quality fall between $80–$2000 and $130–$3250, respectively, for the studies examined.

先前的研究重点在于样本特征和研究方法如何影响学校质量资本化估计。相反，本文研究了每个市场的制度环境如何影响资本化，特别是去种族隔离诉讼和强制性插销。荟萃分析表明，先前的种族隔离诉讼和强迫性公交与学校质量资本水平明显下降有关。资本化文献报道了各种各样的估计，因此，事先诉讼和强制公交对学校质量的一个标准差的市场价值的影响范围分别介于$ 80- $ 2000和$ 130- $ 3250之间，这并不奇怪，用于检查的研究。