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Cost Functions for Australian Universities

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  • Throsby, C D

Abstract

This paper reports some new cost functions for the Australian university sector, estimated using pooled data at the interinstitution level and cross-section data at the interfaculty level. The results shed some light on scale relationships between and within universities in Australia, and enable some quantification of the cost differences between the arts, natural science, and professional-scientific subject areas. After allowance is made for resources devoted to research, teaching-only recurrent costs are derived which form a basis for a broad evaluation of alternative tuition-fee proposals for Australian universities at the present time. Copyright 1986 by Blackwell Publishers Ltd/University of Adelaide and Flinders University of South Australia

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Bibliographic Info

Article provided by Wiley Blackwell in its journal Australian Economic Papers.

Volume (Year): 25 (1986)
Issue (Month): 47 (December)
Pages: 175-92

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Handle: RePEc:bla:ausecp:v:25:y:1986:i:47:p:175-92

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Web page: http://www.blackwellpublishing.com/journal.asp?ref=0004-900X

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Cited by:
  1. Horne, Jocelyn & Hu, Baiding, 2008. "Estimation of cost efficiency of Australian universities," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 78(2), pages 266-275.
  2. John Creedy & David Johnson & Ma. Rebecca Valenzuela, 2002. "A Cost Function for Higher Education in Australia," Melbourne Institute Working Paper Series wp2002n11, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
  3. Kuo, Jenn-Shyong & Ho, Yi-Cheng, 2008. "The cost efficiency impact of the university operation fund on public universities in Taiwan," Economics of Education Review, Elsevier, vol. 27(5), pages 603-612, October.
  4. Abbott, M. & Doucouliagos, C., 2003. "The efficiency of Australian universities: a data envelopment analysis," Economics of Education Review, Elsevier, vol. 22(1), pages 89-97, February.

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