Determining scale and scope economies in Korean private universities: an input distance function approach

Mehdi Shamohammadi ()
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Mehdi Shamohammadi: Inha University

Scientometrics, 2024, vol. 129, issue 5, No 5, 2583-2613

Abstract: Abstract Over the past few decades, South Korea has prioritized higher education to boost knowledge-based economic development. This study investigates Korean private universities’ scale and scope economies using several input/output variables and employs them using a stochastic frontier analysis of the input distance function. As our dataset does not comprise price-based information, the duality approach between the cost and input distance functions enables us to use our data directly to test ray- and product-specific scale and scope economies. Our dataset comprises university-level data for 57 private universities from 2011 to 2016. The findings reveal ray-scale and global-scope economies for the sampled universities. Based on these empirical results, we provide several suggestions for future research.

Keywords: Higher education; Scale economies; Scope economies; Private universities; Korea; Input distance function (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s11192-024-04967-8

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