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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 …
Recession And Post-Recession Efficiency And Productivity Changes In United States Public Universities: The Good, Bad, And Ugly, G. Thomas Sav
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 …
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 …
Private Philanthropy In Financing Public Universities: Fundraising Stochastic Frontier And Efficiency Evaluations, G. Thomas Sav
Private Philanthropy In Financing Public Universities: Fundraising Stochastic Frontier And Efficiency Evaluations, G. Thomas Sav
Economics Faculty Publications
This study provides stochastic frontier analyses of private philanthropy in financing public universities in the United States. Panel data estimates of private giving –fundraising production frontiers and inefficiency effects are provided for an aggregate of 353 universities and separately for research intensive, doctoral granting, and master level institutions over the 2006-09 academic years. Inefficiency effects are modeled as set of university specific covariates, including medical schools, hospitals, executive employment and a time trend to capture potential effects of the global financial crisis on university fundraising efficiency. Efficiency scores are estimated across university levels and indicate that mean efficiencies range from …
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 …