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An analysis of costs in institutions of higher education in England

  • Lancaster University

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Abstract

Cost functions are estimated, using random effects and stochastic frontier methods, for English higher education institutions. The article advances on existing literature by employing finer disaggregation by subject, institution type and location, and by introducing consideration of quality effects. Estimates are provided of average incremental costs attached to each output type, and of returns to scale and scope. Implications for the policy of expansion of higher education are discussed.
Original languageEnglish
Pages (from-to)527-549
Number of pages23
JournalStudies in Higher Education
Volume33
Issue number5
DOIs
Publication statusPublished - Oct 2008

Bibliographical note

This is an Accepted Manuscript of an article published by Taylor & Francis Group in Studies in Higher Education on 10 Oct 2008, available online at: http://www.tandfonline.com/10.1080/03075070802372901

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 4 - Quality Education
    SDG 4 Quality Education

Keywords

  • cost functions
  • English
  • higher education institutions
  • disaggregation by subject
  • institution
  • type
  • location
  • quality effects
  • average incremental costs

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