Revenue efficiency in higher education institutions under imperfect competition

被引:9
作者
Johnes, Geraint [1 ]
Ruggiero, John [2 ]
机构
[1] Univ Lancaster, Management Sch, Lancaster LA1 4YX, England
[2] Univ Dayton, Dayton, OH 45469 USA
关键词
Efficiency; higher education; monopolistic competition; revenue efficiency; UK university sector; DECISION-MAKING UNITS; PRODUCTIVE EFFICIENCY; COST; DEA; MODELS;
D O I
10.1177/0952076716652935
中图分类号
C93 [管理学]; D035 [国家行政管理]; D523 [行政管理]; D63 [国家行政管理];
学科分类号
12 ; 1201 ; 1202 ; 120202 ; 1204 ; 120401 ;
摘要
A number of studies have considered the evaluation of efficiency in higher education institutions. In this paper, we focus on the issue of revenue efficiency, in particular ascertaining the extent to which, given output prices, producers choose the revenue maximising vector of outputs. We then relax the price taking assumption to consider the case in which the market for some outputs is characterised by monopolistic competition. We evaluate efficiencies for English institutions of higher education for the academic year 2012-13 and find considerable variation across institutions in revenue efficiency. The relaxation of the price-taking assumption leads to relatively small changes, in either direction, to the estimated revenue efficiency scores. A number of issues surrounding the modelling process are raised and discussed, including the determination of the demand function for each type of output and the selection of inputs and outputs to be used in the model.
引用
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页码:282 / 295
页数:14
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