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An analysis of costs in institutions of higher education in England

Research output: Contribution to journalJournal article

Published
<mark>Journal publication date</mark>2008
<mark>Journal</mark>Studies in Higher Education
Issue number5
Volume33
Number of pages23
Pages (from-to)527-549
<mark>State</mark>Published
<mark>Original language</mark>English

Abstract

Cost functions are estimated, using random effects and stochastic frontier methods, for English higher education institutions. The article advances on existing literature by employing finer disaggregation by subject, institution type and location, and by introducing consideration of quality effects. Estimates are provided of average incremental costs attached to each output type, and of returns to scale and scope. Implications for the policy of expansion of higher education are discussed.