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Performance Indicators in Higher Education: A Survey of Recent Work

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  • Johnes, Geraint

Abstract

This article surveys recent work on the construction of performance indicators in higher education, focusing particular attention on degree results, student wastage and research output. Performance indicators ought to provide measures of value added by the various institutions under review. As such crude measures of output, which fail to take account of input differences across institutions, are inappropriate. So it is necessary to investigate what factors underlie inter-institution differences in measured output, in order to correct for input variations in assessing overall performance. The absence of market prices for teaching and research outputs severely hinders the construction of composite measures of the performance of higher education institutions, since in their absence no objective weights can be assigned to the different roles of these institutions. The resource implications of performance measurement exercises need to be clarified if rankings exercises are to have the desired incentive effects. Copyright 1992 by Oxford University Press.

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Bibliographic Info

Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

Volume (Year): 8 (1992)
Issue (Month): 2 (Summer)
Pages: 19-34

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Handle: RePEc:oup:oxford:v:8:y:1992:i:2:p:19-34

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Web page: http://oxrep.oupjournals.org/

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Cited by:
  1. Johnes, Jill & Johnes, Geraint, 1995. "Research funding and performance in U.K. University Departments of Economics: A frontier analysis," Economics of Education Review, Elsevier, vol. 14(3), pages 301-314, September.
  2. Berde, Éva & Ványolós, István, 2006. "A felsőoktatási döntéshozatal szemetesláda-modellje
    [The waste model of decision-making in higher education]
    ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 465-480.
  3. Colin Glass, J. & McCallion, Gillian & McKillop, Donal G. & Rasaratnam, Syamarlah & Stringer, Karl S., 2006. "Implications of variant efficiency measures for policy evaluations in UK higher education," Socio-Economic Planning Sciences, Elsevier, vol. 40(2), pages 119-142, June.
  4. Malcolm Abbot & Hristos Doucouliagos, 2003. "Research Output of Australian Universities," Economics Series 2003_04, Deakin University, Faculty of Business and Law, School of Accounting, Economics and Finance.
  5. Antonelli Cristiano & Fassio Claudio, 2012. "Academic knowledge and economic growth: are scientific fields all alike," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201203, University of Turin.
  6. Melville L. McMillan & Debasish Datta, 1998. "The Relative Efficiencies of Canadian Universities: A DEA Perspective," Canadian Public Policy, University of Toronto Press, vol. 24(4), pages 485-511, December.
  7. Ying Chu Ng & Sung Ko Li, 2000. "Measuring the Research Performance of Chinese Higher Education Institutions: An Application of Data Envelopment Analysis," Education Economics, Taylor & Francis Journals, vol. 8(2), pages 139-156.
  8. Nicholas Barr, 1993. "Alternative funding resources for higher education," LSE Research Online Documents on Economics 280, London School of Economics and Political Science, LSE Library.
  9. Yunker, James A., 2005. "The dubious utility of the value-added concept in higher education: the case of accounting," Economics of Education Review, Elsevier, vol. 24(3), pages 355-367, June.
  10. Neri, F., 2001. "Schooling Quality and Economic Growth," Economics Working Papers wp01-06, School of Economics, University of Wollongong, NSW, Australia.

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