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Measuring Value Added in Higher Education: A Proposed Methodology for Developing a Performance Indicator Based on the Economic Value Added to Graduates

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  • Timothy Rodgers

Abstract

The 2003 UK higher education White Paper suggested that the sector needed to re-examine the potential of the value added concept. This paper describes a possible methodology for developing a performance indicator based on the economic value added to graduates. The paper examines how an entry-quality-adjusted measure of a graduate's 'expected' degree class might be derived, and also how the wage differentials associated with different degree classes could be used to quantify the relative values of degrees. These two measures are then used to develop a proposed performance indicator based on Graduate Relative Economic Value Added.

Suggested Citation

  • Timothy Rodgers, 2007. "Measuring Value Added in Higher Education: A Proposed Methodology for Developing a Performance Indicator Based on the Economic Value Added to Graduates," Education Economics, Taylor & Francis Journals, vol. 15(1), pages 55-74.
    • Handle: RePEc:taf:edecon:v:15:y:2007:i:1:p:55-74
    DOI: 10.1080/09645290601133902
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    Cited by:

    1. A T Flegg & D O Allen, 2007. "Using Coopers Approach to Explore the Extent of Congestion in the New British Universities," Economic Issues Journal Articles, Economic Issues, vol. 12(2), pages 47-82, September.
    2. Cunha, Jesse M. & Miller, Trey, 2014. "Measuring value-added in higher education: Possibilities and limitations in the use of administrative data," Economics of Education Review, Elsevier, vol. 42(C), pages 64-77.
    3. Tímea Ceglédi & Hajnalka Fényes & Gabriella Pusztai, 2022. "The Effect of Resilience and Gender on the Persistence of Higher Education Students," Social Sciences, MDPI, vol. 11(3), pages 1-14, February.
    4. Miron Vasile Cristian Ioachim & Focsan Eleonora Ionela, 2017. "The Analysis Of The Performance Of Companies Based On The Economic Value Added," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 1, pages 181-190, February.

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