Study on the efficiency and effectiveness of public spending on tertiary education

Miguel Aubyn (), Álvaro Pina, Filomena Garcia and Joana Pais ()

No 390, European Economy - Economic Papers 2008 - 2015 from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission

Abstract: The purpose of the study is to assess efficiency in public tertiary education systems across EU countries plus Japan and the US with semi-parametric methods and stochastic frontier analysis. The study identifies a core group of efficient countries. A good quality secondary system, output-based funding rules, institutions' independent evaluation and staff policy autonomy are positively related to efficiency. Moreover, the study provides evidence that public spending on tertiary education is more effective in what concerns labour productivity growth and employability when it is coupled with efficiency.

Keywords: Efficiency; effectiveness; public spending; tertiary education; Universities; Study on the efficiency and effectiveness of public spending on tertiary education (search for similar items in EconPapers)
JEL-codes: C14 C81 H52 I23 I28 (search for similar items in EconPapers)
Pages: 148 pages
Date: 2009-11
New Economics Papers: this item is included in nep-eff
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Citations: View citations in EconPapers (47)

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Persistent link: https://EconPapers.repec.org/RePEc:euf:ecopap:0390

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