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Differential Recessionary Impacts on U.S. Research Relative to Comprehensive University Efficiencies and Productivities: 2004-2014 Panel Data Estimates

Using data envelopment analysis and Malmquist index decompositions this paper focuses on the impacts of the Great Recession on the efficiency and productivity changes of U.S. publicly funded prestigious research universities in comparison to their lower level comprehensive university counterparts. Do elite research relative to comprehensive universities have more political clout and resources to better ward off the financial impacts and production demands of the? Results, based on ten academic years from 2004-05 through 2013-14, are somewhat mixed, but indicate that research universities have a technological edge that acts as the primary advantage driver to total productivity gains over their counterparts. However, comprehensive universities outperform research universities in both managerial and scale gains. Overall, there is significant variability among both groups of universities in their adjustments to the dramatic recessionary forces imposed upon them. While the paper greatly improves upon three previous studies, there remains the question of how publicly funded and managed U.S. universities will continue future adjustments to the some of the lingering and more permanent effects of the recession.

  Differential Recessionary Impacts on U.S. Research Relative to Comprehensive University Efficiencies and Productivities: 2004-2014 Panel Data Estimates (734.2 KiB, 915 hits)

Posted in Economics, Information Technology, Knowledge Management, Volume VI, Issue no. 2Comments Off on Differential Recessionary Impacts on U.S. Research Relative to Comprehensive University Efficiencies and Productivities: 2004-2014 Panel Data Estimates

Stochastic Cost Inefficiency Estimates and Rankings of Public and Private Research and Doctoral Granting Universities

Stochastic frontier cost and inefficiency estimates are provided for research and doctoral granting universities in the U.S. Separate sector estimates are produced for public and private non-profit universities. Panel data spanning four academic years, 2005-2009, is used to estimate underlying cost structures. Inefficiency is modeled as depending on institutionally specific environmental factors. Results indicate that public universities are on average more efficient than their private counterparts. The latter exhibit greater variability and when evaluated at the median inefficiencies there does not appear to be any statistically significant difference. Time varying inefficiency estimates point to public sector efficiency gains but private sector increasing inefficiencies. Interestingly, results indicate that increases in faculty tenure lead to efficiency improvements. Inefficiency rankings place private ivies among the most inefficient universities whereas public flagships are distributed throughout their sector rankings.

  Stochastic Cost Inefficiency Estimates and Rankings of Public and Private Research and Doctoral Granting Universities (297.0 KiB, 1,468 hits)

Posted in Economics, Volume II, Issue no. 3Comments Off on Stochastic Cost Inefficiency Estimates and Rankings of Public and Private Research and Doctoral Granting Universities