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Full-Text Articles in Social and Behavioral Sciences
Data Envelopment Analysis Of Productivity Changes In Higher Education For-Profit Enterprises Compared To Non-Profits, G. Thomas Sav
Data Envelopment Analysis Of Productivity Changes In Higher Education For-Profit Enterprises Compared To Non-Profits, G. Thomas Sav
Economics Faculty Publications
Data envelopment analysis is used to compare private for-profit colleges to publicly owned colleges in terms of their operating efficiency and productivity. Academic year 2005-09 panel data is used for two-year institutions in the U.S. Results indicate that for-profit efficiency exceeded that of public colleges. Malmquist index results show that colleges in both sectors increased managerial and scale efficiencies, but that both were hindered by technological regress to the extent that overall productivity declined. 2007-08 created efficiency declines across the board, but for-profits managed large technological gains that produced the only annual productivity improvement for either sector. The results are …
Publicly Vs. Privately Controlled Higher Education Costs: Panel Data Estimates, G. Thomas Sav
Publicly Vs. Privately Controlled Higher Education Costs: Panel Data Estimates, G. Thomas Sav
Economics Faculty Publications
More so now than ever, budgetary problems and widespread reforms are generating questions regarding higher education costs among publicly controlled compared to privately controlled colleges and universities. Past studies have offered scale and scope estimates anchored in 1995 and earlier cross sectional data that could contain omitted variable biased. In contrast, this paper employs panel data spanning the 2005 through 2009 years to estimate a multiproduct cost function and scale and scope economies separately for public and private sector colleges and universities. The two-way fixed effects results indicate the presence of significant institutional and time effects. Overall, the findings suggest …