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 (technic...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Editura ASE
2020-05-01
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| Series: | Amfiteatru Economic |
| Subjects: | |
| Online Access: | https://www.amfiteatrueconomic.ro/temp/Article_2914.pdf |
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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: | 1582-9146 2247-9104 |