Unlocking university efficiency: a Bayesian stochastic frontier analysis
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Other documents of the author: García-Tórtola, Zaira; Conesa, David; Crespo, Joan; Tortosa-Ausina, Emili
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comunitat-uji-handle2:10234/8643
comunitat-uji-handle3:10234/8644
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INVESTIGACIONMetadata
Title
Unlocking university efficiency: a Bayesian stochastic frontier analysisDate
2024-08-10Publisher
John Wiley and Sons IncISSN
0969-6016Bibliographic citation
García‐Tórtola, Z., Conesa, D., Crespo, J., & Tortosa‐Ausina, E. (2024). Unlocking university efficiency: a Bayesian stochastic frontier analysis. International Transactions in Operational Research.Type
info:eu-repo/semantics/articlePublisher version
https://onlinelibrary.wiley.com/doi/full/10.1111/itor.13525Version
info:eu-repo/semantics/publishedVersionSubject
Abstract
In this paper, we analyze the performance of the Spanish public university system over the 2010–2019 period, which was particularly turbulent due to the tight budget constraints imposed on universities. To disentangle ... [+]
In this paper, we analyze the performance of the Spanish public university system over the 2010–2019 period, which was particularly turbulent due to the tight budget constraints imposed on universities. To disentangle the main sources of performance change, we adopt a dynamic approach by decomposing it into efficiency change (catching up) and technical change (shifts in the frontier). In contrast to many studies on higher education institutions (HEIs), we opt for stochastic frontier analysis, employing the ray production function proposed by Löthgren (1997) to account for the multiple-output nature of HEIs. Additionally, to offer a more detailed examination of uncertainty quantification, we conduct inference within the Bayesian paradigm. Broadly, results point to an overall positive performance change over the entire period, particularly for technical change during 2010–2014. However, there were notable discrepancies across universities, which could be unlocked with certain precision via the posterior distributions of performance and its components. [-]
Is part of
International Transactions in Operational Research, 2024.Funder Name
Ministerio de Ciencia e Innovación | Universitat Jaume I | European Regional Development Fund | Generalitat Valenciana
Project code
PID2020‐115450GB‐I00 | UJI‐B2020‐27 | PID2022‐136455NB‐I00 | CIAICO/2022/165
Rights
© 2024 The Author(s). International Transactions in Operational Research published by John Wiley & Sons Ltd on behalf of International Federation of Operational Research Societies.
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info:eu-repo/semantics/openAccess
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