IDEAS home Printed from https://ideas.repec.org/a/eee/injoed/v76y2020ics0738059320303564.html
   My bibliography  Save this article

‘Governments base performance-based funding on global rankings indicators’: A global trend in higher education finance or a global rankings literature fiction? A comparative analysis of four performance-based funding programs

Author

Listed:
  • Adam, Edmund

Abstract

For nearly two decades now, the rankings literature has continued to suggest that governments are adopting performance-based funding models which prioritize criteria favored by global rankings. This study examines this assertion by analyzing the performance-based funding programs of Austria, Denmark, Finland, and Sweden. The study finds that the orientation of performance-based funding on global rankings is weaker than it is commonly assumed. Except for Finland, the funding volume universities raise from this orientation is not substantial to influence the institutional performance. The study also analyzes the recent structural changes to performance-based funding in each jurisdiction. Policy implications are provided in the conclusion for higher education systems revising their performance-based funding or considering a shift to performance-based accountability.

Suggested Citation

  • Adam, Edmund, 2020. "‘Governments base performance-based funding on global rankings indicators’: A global trend in higher education finance or a global rankings literature fiction? A comparative analysis of four performan," International Journal of Educational Development, Elsevier, vol. 76(C).
    • Handle: RePEc:eee:injoed:v:76:y:2020:i:c:s0738059320303564
    DOI: 10.1016/j.ijedudev.2020.102197
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0738059320303564
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.ijedudev.2020.102197?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Teichler, Ulrich, 2018. "Recent changes of financing higher education in Germany and their intended and unintended consequences," International Journal of Educational Development, Elsevier, vol. 58(C), pages 37-46.
    2. Jamil Salmi, 2009. "The Challenge of Establishing World-Class Universities," World Bank Publications - Books, The World Bank Group, number 2600.
    3. Eric S. Maskin, 1999. "Recent Theoretical Work on the Soft Budget Constraint," American Economic Review, American Economic Association, vol. 89(2), pages 421-425, May.
    4. Jacob, W. James & Neubauer, Deane & Ye, Huiyuan, 2018. "Financing trends in Southeast Asia and Oceania: Meeting the demands of regional higher education growth," International Journal of Educational Development, Elsevier, vol. 58(C), pages 47-63.
    5. Janet Mitchell, 2000. "Theories of Soft Budget Constraints and the Analysis of Banking Crises," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 8(1), pages 59-100, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jonek-Kowalska, Izabela & Musioł-Urbańczyk, Anna & Podgórska, Marzena & Wolny, Maciej, 2021. "Does motivation matter in evaluation of research institutions? Evidence from Polish public universities," Technology in Society, Elsevier, vol. 67(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kornai, János & Maskin, Eric & Roland, Gérard, 2022. "A puha költségvetési korlát - II [The soft budget constraint II]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(1), pages 94-132.
    2. J. Kornai & E. Maskin & G. Roland, 2004. "Understanding the Soft Budget Constraint," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 11.
    3. Akai, Nobuo & Sato, Motohiro, 2008. "Too big or too small? A synthetic view of the commitment problem of interregional transfers," Journal of Urban Economics, Elsevier, vol. 64(3), pages 551-559, November.
    4. Bjørn Stensaker, 2018. "University Alliances: Enhancing Control, Capacity, and Creativity in Dynamic Environments," Voprosy obrazovaniya / Educational Studies Moscow, National Research University Higher School of Economics, issue 1, pages 132-153.
    5. Arega Yirdaw, 2016. "Quality of Education in Private Higher Institutions in Ethiopia," SAGE Open, , vol. 6(1), pages 21582440156, January.
    6. Bonaccorsi, Andrea & Haddawy, Peter & Cicero, Tindaro & Hassan, Saeed-Ul, 2017. "The solitude of stars. An analysis of the distributed excellence model of European universities," Journal of Informetrics, Elsevier, vol. 11(2), pages 435-454.
    7. Daraio, Cinzia & Bonaccorsi, Andrea & Simar, Léopold, 2015. "Rankings and university performance: A conditional multidimensional approach," European Journal of Operational Research, Elsevier, vol. 244(3), pages 918-930.
    8. Cardona Bermeo, Jorge Enrique, 2002. "Manejo de pasivos contingentes en el marco de la disciplina fiscal en Colombia," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34872, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    9. Nataliya Zinych & Martin Odening, 2009. "Capital market imperfections in economic transition: empirical evidence from Ukrainian agriculture," Agricultural Economics, International Association of Agricultural Economists, vol. 40(6), pages 677-689, November.
    10. Grigoriadis, Theocharis N., 2011. "Aid effectiveness and the soft budget constraint: EU development aid to the former Soviet Union," Economics Letters, Elsevier, vol. 112(3), pages 287-289, September.
    11. Alexei Deviatov & Barry W. Ickes, 2005. "Reputation and the Soft-Budget Constraint," Working Papers w0078, Center for Economic and Financial Research (CEFIR).
    12. M. V. Puchkov, 2022. "University Campus: Interrelations of Educational Technologies and Models of Architectural Space Formation," University Management: Practice and Analysis, Federal State Autonomous Educational Institution of Higher Education «Ural Federal University named after the first President of Russia B.N.Yeltsin»; Non-Commercial Partnership “University Management: Practice and, vol. 25(4).
    13. Sergey Sinelnikov & Pavel Kadochnikov & Ilya Trunin & Sergey Chetverikov & Marianne Vigneault, 2006. "Fiscal Federalism in Russia: Soft Budget Constraints of Regional Governments," Published Papers 47, Gaidar Institute for Economic Policy, revised 2012.
    14. Hakimi, Abdelaziz & Hamdi, Helmi, 2013. "The duration of bank relationships and the performance of Tunisian firms," MPRA Paper 55754, University Library of Munich, Germany, revised 2014.
    15. Vlenadia, Antonio, 2002. "A risk quantification model for public debt management," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 34867, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    16. Emmanuelle Auriol & Pierre M. Picard, 2009. "Government Outsourcing: Public Contracting with Private Monopoly," Economic Journal, Royal Economic Society, vol. 119(540), pages 1464-1493, October.
    17. Saisana, Michaela & d'Hombres, Béatrice & Saltelli, Andrea, 2011. "Rickety numbers: Volatility of university rankings and policy implications," Research Policy, Elsevier, vol. 40(1), pages 165-177, February.
    18. D. Docampo & D. Egret & L. Cram, 2015. "The effect of university mergers on the Shanghai ranking," Scientometrics, Springer;Akadémiai Kiadó, vol. 104(1), pages 175-191, July.
    19. Emmanuelle Auriol & Pierre M. Picard, 2008. "Infrastructure and Public Utilities Privatization in Developing Countries," The World Bank Economic Review, World Bank, vol. 23(1), pages 77-100, November.
    20. Tsuji, Kenji, 2007. "The soft budget constraint, the debt overhang and the optimal degree of credit centralization," Japan and the World Economy, Elsevier, vol. 19(2), pages 187-197, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:injoed:v:76:y:2020:i:c:s0738059320303564. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.journals.elsevier.com/international-journal-of-educational-development .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.