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

Johnes, Geraint; Agasisti, Tommaso

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%T Heterogeneity and the evaluation of efficiency: the case of Italian universities
%A Johnes, Geraint
%A Agasisti, Tommaso
%J Applied Economics
%N 11
%P 1365-1375
%V 42
%D 2010
%K stochastic frontier; random parameter models; costs; higher education
%= 2011-05-10T10:35:00Z
%~ http://www.peerproject.eu/
%> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-250133
%X 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.
%C USA
%G en
%9 journal article
%W GESIS - http://www.gesis.org
%~ SSOAR - http://www.ssoar.info