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    題名: The cost efficiency impact of the university operation fund on public universities in Taiwan
    作者: Ho,Yi-Cheng;Kuo,Jenn-Shyong
    貢獻者: 政大財政系
    關鍵詞: Cost;Educational finance;Efficiency
    日期: 2008-10
    上傳時間: 2013-08-26 16:10:02 (UTC+8)
    摘要: This study uses the stochastic frontier multiple-product cost function that is modeled after Battese and Coelli [Battese, G. E., & Coelli, T. J. (1995). A model for technical inefficiency effects in a stochastic frontier production for panel data. Empirical Economics 20(2), 325–332.] in order to empirically measure the cost efficiency of the University Operation Fund (UOF) on Taiwan’s public universities. The original purpose of the UOF’s implementation was to reduce the government’s financial burden by increasing cost efficiency in higher education institutions. By nature, the UOF differs from the traditional governmental budget regimes in three major respects. First of all, institutional operations and programs are no longer fully funded by government appropriations. Secondly, the universities can now retain surplus resources. Finally, the regulations on the use of funds raised by each institution itself are now less cumbersome. These differences provide universities with incentives for higher cost-efficiency and more active fund-raising. The empirical results from our study, which are based on panel data gathered from 34 public universities during the academic years 1992–2000, suggest that the adoption of the UOF has had a significantly negative impact on cost efficiency.
    關聯: Economics of Education Review, 27(5), 603-612
    資料類型: article
    DOI: http://dx.doi.org/http://dx.doi.org/10.1016/j.econedurev.2007.06.003
    顯示於類別:[財政學系] 期刊論文


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