Adjusting for cultural effects on countries’ education policy efficiency:an application of conditional full frontiers measures

In this paper using Data Envelopment Analysis (DEA) we evaluate the influence of national culture on education policy efficiency for 20 OECD countries. For that reason bootstrap techniques have been employed in order to produce biased corrected efficiency scores and confidence intervals are been calculated. By using probabilistic approaches it conditions the effect of national cultural values on the obtained countries’ educational efficiencies. The empirical results indicate that the efficiency of education policy is mainly influenced from differences of individualistic and masculinity values among the countries. However the results clearly indicate that education policy reforms must be based outside those national cultural bounds in order to support national economies on their foreseen challenges.