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The study presents an empirical analysis of the relative revenue efficiency of UK universities in providing teaching and research. With government policies pressurizing the largely public-funded universities to secure efficiency in both input usage and output revenue, university producers are...
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The neglected issue of using profit efficiency for the best-practice benchmarking of UK universities is explored to see whether this supports the policy stance of encouraging more specialized university production. The article also investigates whether nonparametric modelling with financial...
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