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Determining scale and scope economies in Korean private universities: an input distance function approach

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  • Mehdi Shamohammadi

    (Inha University)

Abstract

Over the past few decades, South Korea has prioritized higher education to boost knowledge-based economic development. This study investigates Korean private universities’ scale and scope economies using several input/output variables and employs them using a stochastic frontier analysis of the input distance function. As our dataset does not comprise price-based information, the duality approach between the cost and input distance functions enables us to use our data directly to test ray- and product-specific scale and scope economies. Our dataset comprises university-level data for 57 private universities from 2011 to 2016. The findings reveal ray-scale and global-scope economies for the sampled universities. Based on these empirical results, we provide several suggestions for future research.

Suggested Citation

  • Mehdi Shamohammadi, 2024. "Determining scale and scope economies in Korean private universities: an input distance function approach," Scientometrics, Springer;Akadémiai Kiadó, vol. 129(5), pages 2583-2613, May.
    • Handle: RePEc:spr:scient:v:129:y:2024:i:5:d:10.1007_s11192-024-04967-8
    DOI: 10.1007/s11192-024-04967-8
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