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Graduation Rates and Accountability: Regressions versus Production Frontiers

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Author Info
Robert B. Archibald () (Department of Economics, College of William and Mary)
David H. Feldman () (Department of Economics, College of William and Mary)

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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://web.wm.edu/economics/wp/cwm_wp24.pdf
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Publisher 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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Related research
Keywords: Efficiency frontiers graduation rates higher education

Find related papers by JEL classification:
I23 - Health, Education, and Welfare - - Education - - - Higher Education Research Institutions
C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: General - - - Semiparametric and Nonparametric Methods

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  1. Coelli, T. J., 1992. "A computer program for frontier production function estimation : Frontier version 2.0," Economics Letters, Elsevier, vol. 39(1), pages 29-32, May. [Downloadable!] (restricted)
  2. 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. [Downloadable!] (restricted)
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