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Economics

Wright State University

Recession

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Full-Text Articles in Social and Behavioral Sciences

Differential Recessionary Impacts On U.S. Research Relative To Comprehensive University Efficiencies And Productivities: 2004-2014 Panel Data Estimates, G. Thomas Sav Apr 2016

Differential Recessionary Impacts On U.S. Research Relative To Comprehensive University Efficiencies And Productivities: 2004-2014 Panel Data Estimates, G. Thomas Sav

Economics Faculty Publications

Using data envelopment analysis and Malmquist index decompositions this paper focuses on the impacts of the Great Recession on the efficiency and productivity changes of U.S. publicly funded prestigious research universities in comparison to their lower level comprehensive university counterparts. Do elite research relative to comprehensive universities have more political clout and resources to better ward off the financial impacts and production demands of the? Results, based on ten academic years from 2004-05 through 2013-14, are somewhat mixed, but indicate that research universities have a technological edge that acts as the primary advantage driver to total productivity gains over their …


Recession And Post-Recession Efficiency And Productivity Changes In United States Public Universities: The Good, Bad, And Ugly, G. Thomas Sav Jan 2016

Recession And Post-Recession Efficiency And Productivity Changes In United States Public Universities: The Good, Bad, And Ugly, G. Thomas Sav

Economics Faculty Publications

This paper employs data envelopment analysis to investigate the extent to which publicly owned, operated, and managed universities in the United States have undergone efficiency and productivity changes in response to the financial crisis that induced the Great Recession and how post-recessionary conditions have altered those changes. The paper revisits an earlier study of like kind that used panel data covering the 2005-2008 academic years but could not, obviously, capture the dynamic changes of the 2007-2009 recession or the lingering post-recessionary financial and enrollment effects imposed on public universities. The present paper offers many improvements over that previous study by …