Estimating Economic Efficiencies of Public Sector Organisations with Stochastic Frontier Analysis: Evidence from Turkish Higher Education
This paper investigates 53 public HEIs in Turkey between 2005 and 2010 including 5 full academic terms to estimate both their cost frontier and inefficiencies. The initial findings of six different models imply that Turkish universities perform quite well concerning their overall efficiency values albeit with variations among them. Besides, within this five-year time span, Turkish universities have not shown any improvement in their efficiencies based on Battese and Coelli's (1992) time variant model. In addition to that, the determinants of inefficiencies in Turkish HEIs are dependent upon certain variables. The size of HEIs is seen to be the most influential factor behind inefficiencies referring to the fact that small size universities are expected to experience relatively higher efficiency results. Subsequently, the impact of load factor is as important as the size effect. The negative coefficient implies that, universities with higher load factor demonstrate better efficiency performances. Moreover, age of the university, the percentage of foreign students, percentage of full-time faculty and having medical school are the other variables reducing efficiency in HEIs based on the only one model. Percentage of professors does not have any influence on the inefficiencies according to the both two models.
|Date of creation:||18 Dec 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Web page: http://mpra.ub.uni-muenchen.de
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ray Barrell, 1999. "Labour productivity and convergence within Europe: East German and Irish experience," NIESR Discussion Papers 185, National Institute of Economic and Social Research.
- Daghbashyan, Zara, 2011. "The Economic Efficiency of Swedish Higher Education Institutions," Working Paper Series in Economics and Institutions of Innovation 245, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies, revised 17 Dec 2012.
- Aigner, Dennis & Lovell, C. A. Knox & Schmidt, Peter, 1977. "Formulation and estimation of stochastic frontier production function models," Journal of Econometrics, Elsevier, vol. 6(1), pages 21-37, July.
- Johnes, Geraint & Johnes, Jill, 2009.
"Higher education institutions' costs and efficiency: Taking the decomposition a further step,"
Economics of Education Review,
Elsevier, vol. 28(1), pages 107-113, February.
- G Johnes & J Johnes, 2005. "Higher education institutions' costs and efficiency: taking the decomposition a further step," Working Papers 574007, Lancaster University Management School, Economics Department.
- Mensah, Yaw M. & Werner, Robert, 2003. "Cost efficiency and financial flexibility in institutions of higher education," Journal of Accounting and Public Policy, Elsevier, vol. 22(4), pages 293-323.
- Mehdi Farsi & Massimo Filippini & Michael Kuenzle, 2005. "Unobserved heterogeneity in stochastic cost frontier models: an application to Swiss nursing homes," Applied Economics, Taylor & Francis Journals, vol. 37(18), pages 2127-2141.
- Greene, William, 2005. "Reconsidering heterogeneity in panel data estimators of the stochastic frontier model," Journal of Econometrics, Elsevier, vol. 126(2), pages 269-303, June.
When requesting a correction, please mention this item's handle: RePEc:pra:mprapa:54101. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Ekkehart Schlicht)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.