THE FUNDING AND EFFICIENCY OF HIGHER EDUCATION IN CROATIA AND SLOVENIA: A NON-PARAMETRIC COMPARISON WITH EU AND OECD COUNTRIES

Aleksander Aristovnik and Alka Obadić

No wp1007, William Davidson Institute Working Papers Series from William Davidson Institute at the University of Michigan

Abstract: The paper applies a non-parametric approach, i.e. data envelopment analysis (DEA), to assess the relative technical efficiency of higher education across countries, with a particular focus on Croatia and Slovenia. When estimating the efficiency frontier we focus on measures of quantities outputs/outcomes. The results show that the relatively high public expenditure per student in Croatia should have resulted in a better performance regarding the outputs/outcomes, i.e. a higher rate of higher education school enrolment, a greater rate of labor force with a higher education and a lower rate of the unemployed who have a tertiary education. On the other hand, regardless of the input-output/outcome mix, the higher education system in Slovenia is shown to have a much higher level of efficiency compared to both Croatia and many other comparable EU and OECD countries.

Keywords: higher education; funding; efficiency; DEA; Croatia; Slovenia; EU; OECD (search for similar items in EconPapers)
JEL-codes: H52 I21 J24 (search for similar items in EconPapers)
Pages: pages
Date: 2011-01-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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