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Heterogeneity and the evaluation of efficiency: the case of Italian universities

Agasisti, Tommaso and Johnes, Geraint (2010) Heterogeneity and the evaluation of efficiency: the case of Italian universities. Applied Economics, 42 (11). pp. 1365-1375. ISSN 0003-6846

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    Abstract

    A random parameters stochastic frontier model is applied to Italian data in order to evaluate the cost function and efficiency of higher education institutions. The method yields useful information about inter-institutional variation in cost structure and technical efficiency. Returns to scale and scope are evaluated for the typical university, and it is found that these returns are almost ubiquitously decreasing, a finding with clear policy implications.

    Item Type: Article
    Journal or Publication Title: Applied Economics
    Subjects: H Social Sciences > HB Economic Theory
    Departments: Lancaster University Management School > Economics
    VC's Office
    ID Code: 55064
    Deposited By: ep_importer_pure
    Deposited On: 13 Jun 2012 15:27
    Refereed?: Yes
    Published?: Published
    Last Modified: 09 Apr 2014 23:39
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/55064

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