Multi-product total cost function for higher education: a case of bible colleges

This study empirically estimates a multi-product total cost function and output relationship for comprehensive universities in the United States. Statistical results based on data for 184 Bible colleges suggest that there are both economies of scale and economies of scope in higher education. In add...

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Bibliographic Details
Published in:Economics of education review 2001-06, Vol.20 (3), p.297-303
Main Authors: Koshal, Rajindar K., Koshal, Manjulika, Gupta, Ashok
Format: Article
Language:English
Subjects:
Bible Colleges
Bible education
Christianity
Cost Effectiveness
Cost Estimates
Cost Management
Economies of Scale
Economies of scale & scope
Efficiency
Financial Problems
Higher Education
Institutional Survival
Productivity
Statistical Analysis
Universities
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Summary:This study empirically estimates a multi-product total cost function and output relationship for comprehensive universities in the United States. Statistical results based on data for 184 Bible colleges suggest that there are both economies of scale and economies of scope in higher education. In addition, product-specific economies of scope do exist for all output levels and activities.
ISSN:0272-7757
1873-7382
DOI:10.1016/S0272-7757(00)00016-9