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Full-Text Articles in Social and Behavioral Sciences
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 …
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 …