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A Stochastic Frontier Analysis of English and Welsh Universities

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Author Info
Philip Andrew Stevens

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Abstract

With imperfect markets for the services of the higher education sector, it is important to assess the effectiveness of institutions. Previous studies have analysed the costs of universities but few their efficiency. In this paper, we examine the costs and efficiency of English and Welsh universities as suppliers of teaching and research using the method of stochastic frontier analysis on a panel of 80 institutions over four years. We also investigate the impact of staff and student characteristics on inefficiency.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Education Economics.

Volume (Year): 13 (2005)
Issue (Month): 4 (December)
Pages: 355-374
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Handle: RePEc:taf:edecon:v:13:y:2005:i:4:p:355-374

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Related research
Keywords: Higher education; efficiency; stochastic frontier analysis;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Cave, Martin & Weale, Martin, 1992. "The Assessment: Higher Education: The State of Play," Oxford Review of Economic Policy, Oxford University Press, vol. 8(2), pages 1-18, Summer.
  2. Johnes, Geraint, 1992. "Performance Indicators in Higher Education: A Survey of Recent Work," Oxford Review of Economic Policy, Oxford University Press, vol. 8(2), pages 19-34, Summer.
  3. Johnes, Geraint, 1997. "Costs and Industrial Structure in Contemporary British Higher Education," Economic Journal, Royal Economic Society, vol. 107(442), pages 727-37, May. [Downloadable!] (restricted)
  4. Hare, Paul G & Wyatt, Geoffrey, 1992. "Economics of Academic Research and Its Implications for Higher Education," Oxford Review of Economic Policy, Oxford University Press, vol. 8(2), pages 48-66, Summer.
  5. Kumbhakar, Subal C & Ghosh, Soumendra & McGuckin, J Thomas, 1991. "A Generalized Production Frontier Approach for Estimating Determinants of Inefficiency in U.S. Dairy Farms," Journal of Business & Economic Statistics, American Statistical Association, vol. 9(3), pages 279-86, July.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Geraint Johnes, 2005. "Funding formulae where costs legitimately differ: the case of higher education in England," Working Papers 003053, Lancaster University Management School, Economics Department. [Downloadable!]
    Other versions:
  2. Geraint Johnes & Jill Johnes & E Thanassoulis, 2005. "An analysis of costs in institutions of higher education in England," Working Papers 002467, Lancaster University Management School, Economics Department. [Downloadable!]
  3. Tony Flegg & David O. Allen, 2006. "Does Expansion Cause Congestion? The Case of the Older British Universities, 1994 to 2004," Discussion Papers 0605, University of the West of England, Department of Economics. [Downloadable!]
  4. Geraint Johnes & Jill Johnes & E Thanassoulis & Mika Kortelainen, 2009. "Costs and Efficiency of Higher Education Institutions in England: A DEA Analysis," Working Papers 005896, Lancaster University Management School, Economics Department. [Downloadable!]
  5. Tony Flegg & David O. Allen, 2006. "Are the New British Universities Congested?," Discussion Papers 0610, University of the West of England, Department of Economics. [Downloadable!]
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