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Graduation Rates and Accountability: Regressions versus Production Frontiers

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  • Robert B. Archibald

    ()
    (Department of Economics, College of William and Mary)

  • David H. Feldman

    ()
    (Department of Economics, College of William and Mary)

Abstract

This paper suggests an alternative to the standard practice of measuring the graduation rate performance using regression analysis. The alternative is production frontier analysis. Production frontier analysis is appealing because it compares an institutions graduation rate to the best performance instead of the average performance. The paper explains the differences between these two types of analysis and provides examples of their application using data for 187 national universities.

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File URL: http://economics.wm.edu/wp/cwm_wp24.pdf
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Bibliographic Info

Paper provided by Department of Economics, College of William and Mary in its series Working Papers with number 24.

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Length: 34 pages
Date of creation: 10 Jan 2006
Date of revision:
Handle: RePEc:cwm:wpaper:24

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Postal: P.O. Box 8795, Williamsburg, VA 23187-8795
Phone: (757) 221-4311
Fax: (757) 221-2390
Web page: http://www.wm.edu/economics/
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Keywords: Efficiency frontiers; graduation rates; higher education;

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  1. R. D. Banker & A. Charnes & W. W. Cooper, 1984. "Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis," Management Science, INFORMS, vol. 30(9), pages 1078-1092, September.
  2. Per Andersen & Niels Christian Petersen, 1993. "A Procedure for Ranking Efficient Units in Data Envelopment Analysis," Management Science, INFORMS, vol. 39(10), pages 1261-1264, October.
  3. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
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Cited by:
  1. Javier García-Estévez & Néstor Duch-Brown, 2012. "Student graduation: to what extent does university expenditure matter?," Working Papers 2012/4, Institut d'Economia de Barcelona (IEB).
  2. BERBEGAL MIRABENT, Jasmina & SOLÉ PARELLADA, Francesc, 2012. "What Are We Measuring When Evaluating Universities’ Efficiency?," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 12(3).

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