Heterogeneity and the evaluation of efficiency: the case of Italian universities
A random parameters stochastic frontier model is applied to Italian data in order to evaluate the cost function and efficiency of higher education institutions. The method yields useful information about inter-institutional variation in cost structure and technical efficiency. Returns to scale and scope are evaluated for the typical university, and it is found that these returns are almost ubiquitously decreasing, a finding with clear policy implications.
Year of publication: |
2010
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Authors: | Agasisti, Tommaso ; Johnes, Geraint |
Published in: |
Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 42.2010, 11, p. 1365-1375
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Publisher: |
Taylor & Francis Journals |
Saved in:
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