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Assessing University of Education, Winneba Production Economies of Scale and Scope: A Further Decomposition

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  • Isaac Addai

    (Department of Accounting Studies, College of Technology Education, University of Education, Winneba, P.O.BOX 1277, Kumasi, Ghana)

Abstract

The study, paper empirically estimates University of Education, Winneba (UEW) multi-product costs using the flexible quadratic cost function. Statistical results suggest that there are both economies of scale and scope in UEW multi-production. Furthermore, there exist product-specific diseconomies of scope for Fulltime output suggesting that it is more costly or cost disadvantage for UEW producing that output in isolation from other outputs. There exist product-specific economies of scope for Distance and Sandwich outputs respectively suggesting cheaper joint production of each output.

Suggested Citation

  • Isaac Addai, 2019. "Assessing University of Education, Winneba Production Economies of Scale and Scope: A Further Decomposition," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 3(11), pages 323-327, November.
    • Handle: RePEc:bcp:journl:v:3:y:2019:i:11:p:323-327
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    References listed on IDEAS

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    1. Koshal, Rajindar K. & Koshal, Manjulika & Gupta, Ashok, 2001. "Multi-product total cost function for higher education: a case of bible colleges," Economics of Education Review, Elsevier, vol. 20(3), pages 297-303, June.
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