the efficiency of institutions worldwide, the problem concerning the availability of internationally standardized data …. We calculate efficiency scores for more than 4,800 universities and other research-focused institutions worldwide … America or Europe. The results of the study show that institutions in the Pacific region have the highest average efficiency …

with school efficiency. Our results show that the specified link between institutional arrangements and student achievement … indirect relationship between institutional arrangements and student achievement, via a relationship with school efficiency … ; efficiency …

labour market regulations that are considered to be bad for economic growth might be beneficial for production efficiency … production efficiency. We argue that our results suggest that the debate about the implications of institutional quality is far … ; production efficiency ; stochastic frontier model …