Efficiency of Tertiary Education Expenditure in CEE Countries: Data Envelopment Analysis

Lilia Yotova () and Kristina Stefanova
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Lilia Yotova: University of National and World Economy, Sofia, Bulgaria

Economic Alternatives, 2017, issue 3, 352-364

Abstract: This paper studies the efficiency of tertiary education expenditure in the EU Member States from Central and Eastern Europe in comparative terms. For this purpose the method of Data Envelopment Analysis that can be classified as non-parametric is used. The efficiency is investigated via three models due to the different character of output results of tertiary education that could be direct and indirect. The results from the conducted study have shown that Latvia is the most efficient country in comparative perspective in the area of the tertiary education expenditure and achieved direct and indirect output results.

Keywords: expenditure efficiency; tertiary education; DEA; efficiency frontier; CEE (search for similar items in EconPapers)
JEL-codes: C14 H52 I21 I23 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:nwe:eajour:y:2017:i:3:p:352-364

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