Performance and efficiency in Indian universities

Date

2020-03-18

Advisors

Journal Title

Journal ISSN

ISSN

Volume Title

Publisher

Elsevier

Type

Article

Peer reviewed

Yes

Abstract

While the evaluation of university efficiency has become commonplace in developed countries, exercises of this kind have rarely been conducted in the context of developing economies. We use frontier methods to analyse the determinants of costs in higher education institutions in India. Results obtained using the standard stochastic frontier model are compared with those from a latent class cost frontier model. Average incremental costs, returns to scale, and returns to scope are evaluated. Despite the relatively small size of average institution, we find that economies of scale are largely exhausted. The implications of various models for the evaluation of institution-level measures of efficiency are highlighted. The results differ in a number of respects from those obtained in more developed countries. Implications of the analysis for policy and practice are highlighted.

Description

The file attached to this record is the author's final peer reviewed version. The Publisher's final version can be found by following the DOI link.

Keywords

Citation

Johnes, G., Johnes, J. and Virmani, S. (2020) Performance and efficiency in Indian universities. Socio-Economic Planning Sciences,

Rights

Research Institute

Institute for Applied Economics and Social Value (IAESV)