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Efficiency is an important consideration for those who manage public services. Costs vary with output and with a variety of other factors. In the case of higher education, for example, factors include quality, student demographics, the scale and scope of the higher education provider, and the...
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Cost functions are estimated, using random effects and stochastic frontier methods, for English higher education institutions. The article advances on existing literature by employing finer disaggregation by subject, institution type and location, and by introducing consideration of quality...
Persistent link: https://www.econbiz.de/10013030802
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HEIs will face tight fiscal constraints in the future. This paper uses random effects and stochastic frontier techniques to estimate an output distance function over the period 1997/97 to 2007/08 in order to investigate the efficiency of higher education institutions (HEIs) and to examine the...
Persistent link: https://www.econbiz.de/10014194740
This paper explores the issue of efficiency in English higher education using data envelopment analysis and stochastic frontier analysis to estimate an output distance function (which incorporates measures of both quantity and quality of teaching and research inputs and outputs) over a 13‐year...
Persistent link: https://www.econbiz.de/10014145082
Data envelopment analysis (DEA) is applied to 2547 Economics graduates from UK Universities in 1993 in order to assess teaching efficiency. Following a methodology developed by [Education Economics 10(2) (2002) 183-207], each individual 's efficiency is decomposed into two components: one...
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We estimate a variety of models to evaluate costs in US higher education institutions. A novel feature of our approach involves the estimation of latent class and random parameter stochastic frontier models of the multiproduct cost function. This allows us fully to accommodate both the...
Persistent link: https://www.econbiz.de/10012712421