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DEA Approach Towards Exploring the Sustainability of Funding in Higher Education. Empirical Evidence from Romanian Public Universities

Author

Listed:
  • Dalina Dumitrescu

    (Bucharest University of Economic Studies, Romania)

  • Ionela Costica

    (Bucharest University of Economic Studies, Romania)

  • Liliana Nicoleta Simionescu

    (Bucharest University of Economic Studies, Romania)

  • Stefan Cristian Gherghina

    (Bucharest University of Economic Studies, Romania)

Abstract

The present paper evaluates the Romanian public universities from funding efficiency point of view over the past 7 years, respectively 2012-2018. In order to evaluate the funding efficiency, we employed a nonparametric method, namely data envelopment analysis (DEA) for three-cycle system (technical efficiency from constant return to scale, technical efficiency from variable return to scale and scale efficiency). Based on our empirical findings 11 universities showed to be efficient when we applied VRS and only two universities with CRS approach. When scale efficacy was applied, our sample reduced to only two public universities as being efficient. This study identifies characteristics that describe differences within the public universities efficiency based on funding in higher education system in Romanian

Suggested Citation

  • Dalina Dumitrescu & Ionela Costica & Liliana Nicoleta Simionescu & Stefan Cristian Gherghina, 2020. "DEA Approach Towards Exploring the Sustainability of Funding in Higher Education. Empirical Evidence from Romanian Public Universities," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 22(54), pages 593-593, April.
    • Handle: RePEc:aes:amfeco:v:22:y:2020:i:54:p:593
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    1. Róbert Štefko & Jarmila Horváthová & Martina Mokrišová, 2020. "Bankruptcy Prediction with the Use of Data Envelopment Analysis: An Empirical Study of Slovak Businesses," JRFM, MDPI, vol. 13(9), pages 1-15, September.

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    More about this item

    Keywords

    efficiency; DEA; higher education; Romania.;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions

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