The Ministry of Education, Youth and Sports (MEYS) financially supports the Czech higher education institutions (HEIs). The largest amount of the MEYS's budget intended for HEIs subsidizes the public HEIs. Therefore, the aim of this paper is to measure the efficiency of the public higher education institutions. This will help us to determine which…

For the past two decades, and recently with the economic recession, the media has emphasized the decline of manufacturing in the United States and other developed countries. In the U.S., some initially blamed the North American Free Trade Agreement (NAFTA) for this decline. Hearing that manufacturing is on the decline, one might reason that its…

A multiproduct cost function is estimated for English higher education institutions using a panel of data from recent years. The panel approach allows estimation by means of a random parameter stochastic frontier model which provides considerable new insights in that it allows the impact on costs of inter-institutional differences in the cost…