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Study on the efficiency and effectiveness of public spending on tertiary education

Author

Listed:
  • Miguel St. Aubyn
  • álvaro Pina
  • Filomena Garcia
  • Joana Pais

Abstract

The purpose of the study is to assess efficiency in public tertiary education systems across EU countries plus Japan and the US with semi-parametric methods and stochastic frontier analysis. The study identifies a core group of efficient countries. A good quality secondary system, output-based funding rules, institutions' independent evaluation and staff policy autonomy are positively related to efficiency. Moreover, the study provides evidence that public spending on tertiary education is more effective in what concerns labour productivity growth and employability when it is coupled with efficiency.

Suggested Citation

  • Miguel St. Aubyn & álvaro Pina & Filomena Garcia & Joana Pais, 2009. "Study on the efficiency and effectiveness of public spending on tertiary education," European Economy - Economic Papers 2008 - 2015 390, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  • Handle: RePEc:euf:ecopap:0390
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    File URL: https://ec.europa.eu/economy_finance/publications/pages/publication16267_en.pdf
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    More about this item

    Keywords

    Efficiency; effectiveness; public spending; tertiary education; Universities; Study on the efficiency and effectiveness of public spending on tertiary education;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I28 - Health, Education, and Welfare - - Education - - - Government Policy

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