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DEA approach towards exploring the sustainability of funding in higher education: Empirical evidence from Romanian public universities
The present paper evaluates the Romanian public universities from funding efficiency point of view over the past 7 years, respectively 2012-2018. In order to evaluate the funding efficiency, we employed a nonparametric method, namely data envelopment analysis (DEA) for three-cycle system (technical...
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Published in: | Amfiteatru economic 2020-05, Vol.22 (54), p.593-607 |
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Main Authors: | , , , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
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Summary: | The present paper evaluates the Romanian public universities from funding efficiency point of view over the past 7 years, respectively 2012-2018. In order to evaluate the funding efficiency, we employed a nonparametric method, namely data envelopment analysis (DEA) for three-cycle system (technical efficiency from constant return to scale, technical efficiency from variable return to scale and scale efficiency). Based on our empirical findings 11 universities showed to be efficient when we applied VRS and only two universities with CRS approach. When scale efficacy was applied, our sample reduced to only two public universities as being efficient. This study identifies characteristics that describe differences within the public universities efficiency based on funding in higher education system in Romanian. |
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ISSN: | 2247-9104 1582-9146 2247-9104 |
DOI: | 10.24818/EA/2020/54/593 |