The Economic Efficiency of Swedish Higher Education Institutions
2011 (English)Report (Other academic)
The paper investigates the economic efficiency of higher education institutions (HEI) in Sweden to determine the factors that cause efficiency differences. Stochastic frontier analysis is utilized to estimate the economic efficiency of 30 HEI using both pooled and panel data approaches. HEI specific factors such as size, load, staff and student characteristics as well as government allocations are suggested to be the potential determinants of economic efficiency.The results suggest that HEI are not identical in their economic efficiency; though the average efficiency is high, they do perform differently. This variation is explained by the joint influence of HEI specific factors; the quality of labor is found to be highly significant for the cost efficiency of Swedish HEI.
Place, publisher, year, edition, pages
CESIS, KTH Royal Institute of Technology , 2011. , 23 p.
CESIS Working Paper Series in Economics and Institutions of Innovation, 245
Cost efficiency, Stochastic Frontier Analysis, Universities
IdentifiersURN: urn:nbn:se:kth:diva-67484OAI: oai:DiVA.org:kth-67484DiVA: diva2:485026
QC 201202132012-02-132012-01-272012-02-13Bibliographically approved