Performance and efficiency in Indian universities

Johnes, Geraint and Johnes, Jill and Virmani, Swati (2022) Performance and efficiency in Indian universities. Socio-Economic Planning Sciences, 81. ISSN 0038-0121

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Official URL: https://doi.org/10.1016/j.seps.2020.100834

Abstract

While the evaluation of university efficiency has become commonplace in developed countries, exercises of this kind have rarely been conducted in the context of developing economies. We use frontier methods to analyse the determinants of costs in higher education institutions in India. Results obtained using the standard stochastic frontier model are compared with those from a latent class cost frontier model. Average incremental costs, returns to scale, and returns to scope are evaluated. Despite the relatively small size of average institution, we find that economies of scale are largely exhausted. The implications of various models for the evaluation of institution-level measures of efficiency are highlighted. The results differ in a number of respects from those obtained in more developed countries. Implications of the analysis for policy and practice are highlighted.

Item Type:

Journal Article

Journal or Publication Title:

Socio-Economic Planning Sciences

Additional Information:

This is the author’s version of a work that was accepted for publication in Socio-Economic Planning Sciences. Changes resulting from the publishing process, such as peer review, editing, corrections, structural formatting, and other quality control mechanisms may not be reflected in this document. Changes may have been made to this work since it was submitted for publication. A definitive version was subsequently published in Socio-Economic Planning Sciences, 81, 2022 DOI: 10.1016/j.seps.100834

Uncontrolled Keywords:

/dk/atira/pure/subjectarea/aacsb/disciplinebasedresearch

Subjects:

?? STOCHASTIC FRONTIERLATENT CLASSEFFICIENCYHIGHER EDUCATIONDEVELOPMENTECONOMICS AND ECONOMETRICSSTRATEGY AND MANAGEMENTMANAGEMENT SCIENCE AND OPERATIONS RESEARCHSTATISTICS, PROBABILITY AND UNCERTAINTYGEOGRAPHY, PLANNING AND DEVELOPMENTC29I21I23I25L25DISCIPL ??

Departments:

Lancaster University Management School > Economics

ID Code:

142530

Deposited By:

ep_importer_pure

Deposited On:

19 Mar 2020 12:15

Refereed?:

Yes

Published?:

Published

Last Modified:

15 Sep 2023 01:06

URI:

https://eprints-dev.lancs.ac.uk/id/eprint/142530