Are Public Universities of Bangladesh Cost Efficient? An Empirical Evidence

Shamsul Arifeen Khan Mamun
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Shamsul Arifeen Khan Mamun: IUBAT, 4 Embarkment Drive, Uttara Model Town, Dhaka 1230, Bangladesh. Email: sakmamun@gmail.com

South Asia Economic Journal, 2011, vol. 12, issue 2, 221-237

Abstract: This article empirically estimates a stochastic cost function and thereby estimates local economies of scale and cost-efficiency measures of the public universities in Bangladesh. A flexible quadratic cost function, an unbalanced panel dataset and the maximum likelihood estimation technique have been used in the study. The empirical results show that though the public universities have very high relative efficiency measures, they are scale inefficient.

Keywords: JEL: I21; Bangladesh; multi-product cost function; cost-efficiency measures (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:sae:soueco:v:12:y:2011:i:2:p:221-237

DOI: 10.1177/139156141101200202

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