The Global Production Frontier of Universities
AbstractThis paper provides first micro-level evidence of the global university production frontier, allowing to estimate technical efficiencies of 273 top research universities across 29 countries between 2007 and 2009. Exploiting comparable international data improves the estimation of the production technology, allows to assess the distance of individual countries to the global frontier and enables comparison of university efficiencies between and across countries. The estimated input distance function uses undergraduate students, graduate students and citations to capture university outputs and staff to measure inputs. Contrasting two alternative econometric strategies to identify technical efficiency yields relatively stable results. Furthermore, the paper addresses the problem of unobserved heterogeneity by relating the obtained efficiency rankings to quality rankings and by exploiting the panel structure of the data to account for unobserved heterogeneity explicitly. The results suggest that technical efficiency rankings can be obtained in a relatively simple econometric setting.
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Bibliographic InfoPaper provided by KOF Swiss Economic Institute, ETH Zurich in its series KOF Working papers with number 11-272.
Length: 15 pages
Date of creation: Feb 2011
Date of revision:
University; Global Frontier; Efficiency; Stochastic Frontier; Unobserved Heterogeneity; True Random Effects Stochastic Frontier.;
Find related papers by JEL classification:
- D20 - Microeconomics - - Production and Organizations - - - General
- I20 - Health, Education, and Welfare - - Education - - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-02-26 (All new papers)
- NEP-EFF-2011-02-26 (Efficiency & Productivity)
- NEP-IPR-2011-02-26 (Intellectual Property Rights)
- NEP-SOG-2011-02-26 (Sociology of Economics)
You can help add them by filling out this form.
Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:
- Which are the most efficient universities?
by Economic Logician in Economic Logic on 2011-03-29 14:43:00
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