THE DETERMINANTS OF COSTS AND EFFICIENCIES WHERE PRODUCERS ARE HETEROGENEOUS: THE CASE OF SPANISH UNIVERSITIES

A multi-product cost function is evaluated for the universities of Spain, using a random parameters stochastic frontier model. This allows estimates of systematic cost differences to be obtained alongside estimates of universities' efficiency. In addition, we evaluate average incremental costs of key university output, and provide measures of economies of scale and scope.

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Year of publication:	2007
Authors:	Johnes, Geraint ; Salas-Velasco, Manuel
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 4.2007, 15, p. 1-9
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	D2 - Production and Organizations ; I2 - Education
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005094550