Rights statement: 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
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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
}
TY - JOUR
T1 - Performance and efficiency in Indian universities
AU - Johnes, Geraint
AU - Johnes, Jill
AU - Virmani, Swati
N1 - 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
PY - 2022/6/30
Y1 - 2022/6/30
N2 - 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.
AB - 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.
KW - stochastic frontier
KW - latent class
KW - efficiency
KW - higher education
KW - development
U2 - 10.1016/j.seps.2020.100834
DO - 10.1016/j.seps.2020.100834
M3 - Journal article
VL - 81
JO - Socio-Economic Planning Sciences
JF - Socio-Economic Planning Sciences
SN - 0038-0121
M1 - 100834
ER -