Productivity Change in Higher Education Sector: A Case Study of Malaysian Universities
Journal Title: International Journal of Academic Research in Business and Social Sciences - Year 2017, Vol 7, Issue 4
Abstract
This study is the first to apply the Malmquist total factor productivity index and its components under a variable-returns-to-scale (VRS) assumption to the higher education sector. By using this approach, we provide a more realistic and accurate shape of the production frontier than the traditional one, which is obtained using the constant-returns-to-scale (CRS) assumption in previous analyses of productivity changes in higher education institutions. In order to demonstrate the value of this approach, we use data on Malaysian public universities.
Authors and Affiliations
Mad Ithnin Salleh, Amir Arjomandi, Martin O'Brien
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