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An Analysis of the Efficiency of Education Spending in Central and Eastern Europe

Author

Listed:
  • Aleksander Aristovnik

    (Faculty of Administration, University of Ljubljana, Slovenia)

Abstract

The paper attempts to measure relative efficiency in utilizing public education expenditures in the new EU member states in comparison to the selected EU (plus Croatia) and OECD countries. As resources allocated to education are significantly limited, a special emphasis should be given to their efficient use regarding the institutional and legal constraints. By applying non-parametric methodology, i.e. Data Envelopment Analysis (DEA), a relative efficiency is defined as the deviation from the efficiency frontier which represents the maximum output/outcome attainable from each input level. An analysis of (output-oriented) efficiency measures shows that among the new EU member states Hungary, Estonia and Slovenia seem to be good benchmark countries in the field of primary, secondary and tertiary education, respectively. The empirical results also suggest that, in general, new EU member states show relatively high efficiency in tertiary education efficiency measures.

Suggested Citation

  • Aleksander Aristovnik, 2011. "An Analysis of the Efficiency of Education Spending in Central and Eastern Europe," Knowledge as Business Opportunity: Proceedings of the Management, Knowledge and Learning International Conference 2011, International School for Social and Business Studies, Celje, Slovenia.
  • Handle: RePEc:isv:mklp11:277-286
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    File URL: http://www.issbs.si/press/ISBN/978-961-92486-3-8/papers/ML11-31.pdf
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    File URL: http://www.issbs.si/press/ISBN/978-961-92486-3-8/MakeLearn2011.pdf
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    Citations

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    Cited by:

    1. Radulescu Magdalena & Banica Logica, 2015. "Features Of The Public Spending By Function In Cee Countries - Trends And Shifts During The Crisis Period," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 5, pages 104-115, October.
    2. Simona-Gabriela Masca, 2014. "Efficiency of Public Expenditure: Review and Preliminary Results for Romania," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(8), pages 326-345, August.

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