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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
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 …
Four-Stage Dea Efficiency Evaluations: Financial Reforms In Public University Funding, G. Thomas Sav
Four-Stage Dea Efficiency Evaluations: Financial Reforms In Public University Funding, G. Thomas Sav
Economics Faculty Publications
Financial reforms in U.S. public higher education are well underway and are progressively replacing university enrollment based funding formulas with performance based models driven, in part, by graduation rates. Doing so, however, fails to account for the internal resource constraints and managerial efficiencies associated with production. Moreover, graduation rates are affected by external factors beyond the control of university decision-makers. This paper addresses these issues and uses a four-stage data envelopment analysis (DEA) model to evaluate university graduation rate performance. The four-stage DEA efficiencies correct for both environmental and statistical noise effects on university operations. Efficiency estimates control for the …
Productivity Growth And Efficiency Changes In Publicly Managed U.S. Comprehensive Universities: Data Envelopment Analysis And Malmquist Decompositions, G. Thomas Sav
Economics Faculty Publications
This paper uses data envelopment analysis and Malmquist index decompositions in estimating productivity and efficiency changes of comprehensive degree granting, publicly owned U.S. universities. Panel data for 247 universities is employed for the academic years 2005-09. Results indicate that universities incurred productivity regress on the order of 4% per annum. The regress was due to declines in technological change that overpowered the efficiency gains achieved by universities. The latter derived from both university management and scale efficiency improvements. The dynamics of annual changes suggest that the financial crisis worsened productivity regress but created positive efficiency changes. It will, however, be …