Cost Functions for Australian Universities
This paper reports some new cost functions for the Australian university sector, estimated using pooled data at the interinstitution level and cross-section data at the interfaculty level. The results shed some light on scale relationships between and within universities in Australia, and enable some quantification of the cost differences between the arts, natural science, and professional-scientific subject areas. After allowance is made for resources devoted to research, teaching-only recurrent costs are derived which form a basis for a broad evaluation of alternative tuition-fee proposals for Australian universities at the present time. Copyright 1986 by Blackwell Publishers Ltd/University of Adelaide and Flinders University of South Australia
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Volume (Year): 25 (1986)
Issue (Month): 47 (December)
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