Efficiency in the Provision of University Teaching and Research: An Empirical Analysis of UK Universities

J C Glass, Donal G McKillop and N Hyndman

Journal of Applied Econometrics, 1995, vol. 10, issue 1, 61-72

Abstract: A flexible three-output, two-input cost function model is used to examine the cost efficiency of UK universities as producers of teaching and research 'outputs'. Unlike previous studies, a comprehensive peer review of research quality is incorporated. Overall, product-specific and input-specific economies of scale, global and product-specific economies of scope, marginal costs and cost complementarities are estimated. Overall and product-specific scale results indicate considerable increasing returns, while the scope results generally suggest neither economies nor diseconomies. Sensitivity analysis is used to simulate the impact of current government policy, regarding the expansion of undergraduate teaching output, on these results. Copyright 1995 by John Wiley & Sons, Ltd.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (58)

Downloads: (external link)
http://links.jstor.org/sici?sici=0883-7252%2819950 ... 0.CO%3B2-H&origin=bc full text (application/pdf)
http://qed.econ.queensu.ca:80/jae/1995-v10.1/ Supporting data files and programs (text/html)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jae:japmet:v:10:y:1995:i:1:p:61-72

Ordering information: This journal article can be ordered from
http://www3.intersci ... e.jsp?issn=0883-7252

Access Statistics for this article

Journal of Applied Econometrics is currently edited by M. Hashem Pesaran

More articles in Journal of Applied Econometrics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley-Blackwell Digital Licensing () and Christopher F. Baum ().