The central argument of the article is that charter schools operate as a mechanism to circumvent the institutional constraints imposed on the public manager and thus restore the 'market' equilibrium in which all students have the same purchasing power. This changes the mechanisms of hiring and allocating teachers, making the system more equitable…

This paper investigates the efficiency of 188 economics departments around the world using data from RePEc. We go beyond the heavily used data envelopment analysis and utilize partial frontier analysis -- specifically order-a and order-m -- which addresses some of the drawbacks of the standard efficiency frontier analysis and allows for so-called…

Utilizing panel data and taking heterogeneity and persistent inefficiency into account, we show the limitations of standard efficiency analysis for higher education institutions. It is the first time that the concept of long-term inefficiency is considered in the analysis of traditional universities. This inclusion allows for more accurate…

To create their rankings, university-ranking agencies usually combine multiple performance measures into a composite index. However, both rankings and index scores are sensitive to the weights assigned to performance measures. This paper uses a stochastic dominance efficiency methodology to obtain two extreme, case-weighting vectors using the…

The use of fixed (FE) and random effects (RE) in two-level hierarchical linear regression is discussed in the context of education research. We compare the robustness of FE models with the modelling flexibility and potential efficiency of those from RE models. We argue that the two should be seen as complementary approaches. We then compare both…

This paper investigates the technical, and allocative efficiencies of public schools in Kuwait over four levels of schooling (kindergartens, primary, intermediate and secondary) and two periods (1999/2000 and 2004/2005) using data envelopment analysis. Mean pure technical efficiency varies between 0.695 and 0.852 across all levels of education;…

In this study, data envelopment analysis (DEA) is used to compute efficiency scores for a sample of Italian schools by employing OECD-PISA2006 data aggregated at school level. Efficiency has been defined as the ability to transform inputs (resources, student background, etc.) into outputs (student achievement). Different versions of the DEA models…

A multiproduct cost function is estimated for German higher education institutions using a panel of data from recent years. The use of panel data allows a random parameter stochastic frontier model to be estimated, and this delivers new insights on the extent to which differences in costs between institutions producing similar vectors of outputs…

The objective of this paper is an efficiency analysis concerning higher education systems in European countries. Data have been extracted from OECD data-sets (Education at a Glance, several years), using a non-parametric technique--data envelopment analysis--to calculate efficiency scores. This paper represents the first attempt to conduct such an…

This paper sets out a new budget allocation formula for schools, designed to achieve a more equitable distribution of educational achievement. In addition to needs-based elements, the suggested composite allocation formula includes an improvement component, whereby schools receive budgetary allocations based on a new incentive measure developed in…

Economic theory suggests that competitive pressures will impact on organisational efficiency. In recent years, universities in Australia and New Zealand have faced increased competition for students. The aim of this paper is to explore the efficiency of Australian and New Zealand public universities and to investigate the impact of competition for…

The aim of the present paper is to examine the observed differences in Students' test performance across public and private-voucher schools in Spain. For this purpose, we explicitly consider that education is a multi-input multi-output production process subject to inefficient behaviors, which can be identified at student level using a parametric…

Many European countries have delayed the time when school tracking starts in order to pursue equality of opportunity. What are the efficiency costs of de-tracking secondary schools? This paper builds a stylized model of the optimal time of tracking, estimates the relevant parameters using micro data for 11 European countries and computes the…

Different stochastic frontier models for panel data are used to estimate education production functions and the efficiency of Finnish general upper secondary schools. Grades in the matriculation examination are used as an output and explained with the comprehensive school grade point average, parental socio-economic background, school resources,…

In the international context, the quality of public primary education in Indonesia is sub-standard. The assumption of officials at all levels of government is that a significant increase in funding will be required to improve education performance. The analysis in this paper shows that money does indeed matter for the attainment of primary…