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Titus, Marvin A.; Vamosiu, Adriana; McClure, Kevin R. – Research in Higher Education, 2017
The current study examines costs, measured by educational and general (E&G) spending, and cost efficiency at 252 public master's institutions in the United States over a nine-year (2004-2012) period. We use a multi-product quadratic cost function and results from a random-effects model with a first-order autoregressive (AR1) disturbance term…
Descriptors: Cost Effectiveness, Public Colleges, Institutional Characteristics, Efficiency
Laband, David N.; Lentz, Bernard F. – Research in Higher Education, 2004
In theory, not-for-profit organizations will be characterized by higher production costs per unit of output than for-profit producers of otherwise-identical goods/services, since profit maximization implies cost minimization per unit of output; breaking even does not imply cost minimization and, indeed, may imply inflated costs. We explore the…
Descriptors: Higher Education, Nonprofit Organizations, Institutional Research, Differences