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Geraint Johnes and Manuel Salas-Velasco
 
''THE DETERMINANTS OF COSTS AND EFFICIENCIES WHERE PRODUCERS ARE HETEROGENEOUS: THE CASE OF SPANISH UNIVERSITIES''
( 2007, Vol. 4 No.15 )
 
 
A multi-product cost function is evaluated for the universities of Spain, using a random parameters stochastic frontier model. This allows estimates of systematic cost differences to be obtained alongside estimates of universities' efficiency. In addition, we evaluate average incremental costs of key university output, and provide measures of economies of scale and scope.
 
 
Keywords:
JEL: D2 - Production and Organizations: General
I2 - Education: General
 
Manuscript Received : Apr 24 2007 Manuscript Accepted : Apr 24 2007

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