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Johnes, Geraint; Johnes, Jill – Economics of Education Review, 2009
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…
Descriptors: Higher Education, Costs, Efficiency, Economics