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As student numbers in higher education in the UK have expanded during recent years, it has become increasingly important to understand its cost structure. This study applies Data Envelopment Analysis (DEA) to higher education institutions in England to assess their cost structure, efficiency and...
Persistent link: https://www.econbiz.de/10009474856
As student numbers in higher education in the UK have expanded during recent years, it has become increasingly important to understand its cost structure. This study applies Data Envelopment Analysis (DEA) to higher education institutions in England to assess their cost structure, efficiency and...
Persistent link: https://www.econbiz.de/10009433390
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In a Data Envelopment Analysis model, some of the weights used to compute the efficiency of a unit can have zero or negligible value despite of the importance of the corresponding input or output. This paper offers an approach to preventing inputs and outputs from being ignored in the DEA...
Persistent link: https://www.econbiz.de/10010577557
The Isle of Man experiences price levels which, for consumer convenience goods, are some 10% higher than those in nearby regions of the UK mainland. The observed price differentials indicate incomplete economic integration with the United Kingdom. This paper presents the results of two major...
Persistent link: https://www.econbiz.de/10009433391
A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on...
Persistent link: https://www.econbiz.de/10005383695