More documents from Johnes, Geraint; Agasisti, Tommaso
More documents from Applied Economics

Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

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

[journal article]

Johnes, Geraint; Agasisti, Tommaso

fulltextDownloadDownload full text

(582 KByte)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:

Further Details
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.
Classification Macroanalysis of the Education System, Economics of Education, Educational Policy; Economic Statistics, Econometrics, Business Informatics
Free Keywords stochastic frontier; random parameter models; costs; higher education
Document language English
Publication Year 2010
Page/Pages p. 1365-1375
Journal Applied Economics, 42 (2010) 11
Status Postprint; peer reviewed
Licence PEER Licence Agreement (applicable only to documents from PEER project)