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Efficiency of European universities: A comparison of peers

Lars Herberholz and Berthold U. Wigger

Research Policy, 2021, vol. 50, issue 9

Abstract: Following the Bologna Declaration, Europe's higher education sector has become increasingly integrated causing competition among universities that is no longer bound to national borders. In light of this development, the present paper investigates the relative efficiency of 450 European universities between 2011 and 2014. The novelty of our approach lies in its extended coverage of university outputs and in the thorough comparison of peers. We focus primarily on subject orientation for identifying peers, not only because of its substantial variation across Europe's university sector, but also because we find it to be closely linked to several other institutional attributes. Differences at the subject level even become evident for some of the drivers of efficiency. However, we do discover two important efficiency drivers, namely institutional size and the extent of external funding, that have positive effects in all subject clusters.

Keywords: University efficiency; Data envelopment analysis; Conditional efficiency; Clustering (search for similar items in EconPapers)
JEL-codes: H52 I23 I28 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:respol:v:50:y:2021:i:9:s0048733321001153

DOI: 10.1016/j.respol.2021.104314

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