THE DETERMINANTS OF COSTS AND EFFICIENCIES WHERE PRODUCERS ARE HETEROGENEOUS: THE CASE OF SPANISH UNIVERSITIES

Geraint Johnes and Manuel Salas-Velasco ()
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Manuel Salas-Velasco: Universidad de Granada

Economics Bulletin, 2007, vol. 4, issue 15, 1-9

Abstract: A multi-product cost function is evaluated for the universities of Spain, using a random parameters stochastic frontier model. This allows estimates of systematic cost differences to be obtained alongside estimates of universities' efficiency. In addition, we evaluate average incremental costs of key university output, and provide measures of economies of scale and scope.

JEL-codes: D2 I2 (search for similar items in EconPapers)
Date: 2007-04-24
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Citations: View citations in EconPapers (17)

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