Naslov
Evaluation of relative efficiency of higher education institutions of economic orientation

Autori
Arbula Blecich, Andrea ; Tomas Žiković, Ivana

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Gospodarstvo istočne Hrvatske – vizija i razvoj / Mašak Tonković, Anka - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku, 2016, 91-100

Skup
5. Međunarodni znanstveni simpozij „Gospodarstvo istočne Hrvatske – vizija i razvoj”

Mjesto i datum
Osijek, Hrvatska, 02.06.2016. - 04.06.2016

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
Relative efficiency ; higher education institutions of economic orientation ; data envelopment analysis

Sažetak
Higher education institutions worldwide are facing increasingly challenging demands regarding their efficiency. The increase of interest in higher education has led to public concerns on how efficiently funds for higher education institutions (HEIs) are being used. The purpose of this paper is to evaluate the relative efficiency of 31 higher education institutions of economic orientation in Croatia, Slovenia and Bosnia and Herzegovina for the year 2012. The analysis was carried out using Data Envelopment Analysis (DEA). The underlying premise of the research is that HEIs are not necessarily equally efficient in all areas of activity. To confirm this, four different models are tested. Three models evaluate the relative efficiency of the observed institutions within three fundamental areas of their activity: teaching, research and international activity, while the fourth model evaluates the relative efficiency of overall activity. The empirical findings suggest that higher education institutions are not equally efficient in all areas of activity, which is why evaluation by individual areas is needed. If the evaluations were made aggregately, it would be possible for HEIs to compensate the less efficient results in one area with the more efficient results in other areas of activity. These actions could affect the results in the way that they are unfoundedly better than that obtained by individual approach. The results of this paper can be used to improve the efficiency of higher education institutions. The institution position, relative to their peers, gives valuable information about its relative efficiency performance and leads to suggestions for improvement.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
This work has been supported in part by the University of Rijeka under the project number 13.02.1.2.09. and in part by the Croatian Science Foundation under the project 6558 Business and Personal Insolvency – the Ways to Overcome Excessive Indebtedness

POVEZANOST RADA