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The efficiency of the tertiary education in selected European countries: Focus on Visegrad Group
[Efektivnost terciárního vzdělávání ve vybraných evropských zemích: zaměření na země V4]

Author

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  • Pavla Mikušová

Abstract

The European tertiary education is mostly financed by government. The ratio of public expenditure on the total expenditure on tertiary education is 76 % in Visegrad Group. Therefore we focused on measuring the efficiency of tertiary education in selected European countries with focus on Visegrad Group. We used DEA methodology and constructed four output-oriented models. Overall rating showed Poland on 6th place, Hungary on 15th, the Czech Republic on 16th and Slovakia on 17th. Results showed important information about managing the outputs. On the other hand, it is necessary to do other deeper analysis (e.g. increasing the number of graduates and its impact on the labor market and the economy of the country).

Suggested Citation

  • Pavla Mikušová, 2018. "The efficiency of the tertiary education in selected European countries: Focus on Visegrad Group [Efektivnost terciárního vzdělávání ve vybraných evropských zemích: zaměření na země V4]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2018(4), pages 5-17.
    • Handle: RePEc:prg:jnlcfu:v:2018:y:2018:i:4:id:519:p:5-17
    DOI: 10.18267/j.cfuc.519
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    1. Afonso, Antonio & St. Aubyn, Miguel, 2005. "Non-Parametric Approaches to Education and Health Efficiency in OECD Countries," Journal of Applied Economics, Universidad del CEMA, vol. 8(2), pages 1-20, November.
    2. Charnes, A. & Cooper, W. W. & Rhodes, E., 1978. "Measuring the efficiency of decision making units," European Journal of Operational Research, Elsevier, vol. 2(6), pages 429-444, November.
    3. Josef Jablonský, 2004. "Modely hodnocení efektivnosti produkčních jednotek [Models for efficiency evaluation of decision making units]," Politická ekonomie, Prague University of Economics and Business, vol. 2004(2).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Efficiency; DEA; Tertiary education; Visegrad Group; Efektivnost; Terciární vzdělávání; Visegrádská skupina;
    All these keywords.

    JEL classification:

    • C14 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Semiparametric and Nonparametric Methods: General
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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