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Higher education institutions' costs and efficiency: taking the decomposition a further step

Research output: Working paper

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Higher education institutions' costs and efficiency: taking the decomposition a further step. / Johnes, G; Johnes, J.

Lancaster University : The Department of Economics, 2005. (Economics Working Paper Series).

Research output: Working paper

Harvard

Johnes, G & Johnes, J 2005 'Higher education institutions' costs and efficiency: taking the decomposition a further step' Economics Working Paper Series, The Department of Economics, Lancaster University.

APA

Vancouver

Johnes G, Johnes J. Higher education institutions' costs and efficiency: taking the decomposition a further step. Lancaster University: The Department of Economics. 2005. (Economics Working Paper Series).

Author

Johnes, G ; Johnes, J. / Higher education institutions' costs and efficiency: taking the decomposition a further step. Lancaster University : The Department of Economics, 2005. (Economics Working Paper Series).

Bibtex

@techreport{6ab867577a4a4288908a61321d218eb3,
title = "Higher education institutions' costs and efficiency: taking the decomposition a further step",
abstract = "A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on costs of inter-institutional differences in the cost function itself to be distinguished from inter-institutional differences in efficiency. The approach used here therefore resembles in some respects the non-parametric methods of efficiency evaluation. We report also on measures of average incremental cost of provision and on returns to scale and scope.",
keywords = "stochastic frontier, random parameter models, costs, higher education",
author = "G Johnes and J Johnes",
year = "2005",
language = "English",
series = "Economics Working Paper Series",
publisher = "The Department of Economics",
type = "WorkingPaper",
institution = "The Department of Economics",

}

RIS

TY - UNPB

T1 - Higher education institutions' costs and efficiency: taking the decomposition a further step

AU - Johnes, G

AU - Johnes, J

PY - 2005

Y1 - 2005

N2 - A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on costs of inter-institutional differences in the cost function itself to be distinguished from inter-institutional differences in efficiency. The approach used here therefore resembles in some respects the non-parametric methods of efficiency evaluation. We report also on measures of average incremental cost of provision and on returns to scale and scope.

AB - A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on costs of inter-institutional differences in the cost function itself to be distinguished from inter-institutional differences in efficiency. The approach used here therefore resembles in some respects the non-parametric methods of efficiency evaluation. We report also on measures of average incremental cost of provision and on returns to scale and scope.

KW - stochastic frontier

KW - random parameter models

KW - costs

KW - higher education

M3 - Working paper

T3 - Economics Working Paper Series

BT - Higher education institutions' costs and efficiency: taking the decomposition a further step

PB - The Department of Economics

CY - Lancaster University

ER -