PL EN


Preferencje help
Widoczny [Schowaj] Abstrakt
Liczba wyników
2017 | 10 | nr 2 | 329--343
Tytuł artykułu

Relative efficiency of government expenditure on secondary education

Treść / Zawartość
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Governments of OECD countries are under pressure to improve public sector performance and at the same time to reduce the government expenditure. In the process of improvement of public sector performance it is necessary ensure the efficiency in the provision of education, at the same time, the countries are required to provide their educational services by minimizing the amount of public money directed to them. This prompted us to implement the comparative study to assess the efficiency of government expenditure on secondary education in European countries in 2015. First we analyze the government expenditure based on the data published by International Monetary Fund (IMF). Second, we analyze the quality of education through the PISA indicators published by OECD. Then we apply the Data Envelopment Analysis (DEA) to assess the relative efficiency of government expenditure on secondary education using output-oriented model under the assumption of variable return to scale. Based on the results could it be said that average efficiency was 0.955 which suggests that the efficiency in evaluated countries was relatively high. (original abstract)
Rocznik
Tom
10
Numer
Strony
329--343
Opis fizyczny
Twórcy
  • Department of Banking and Investment, Technical University of Kosice, Slovakia
  • Department of Banking and Investment, Technical University of Kosice, Slovakia
  • Institute of Philosophy, Faculty of Arts, University of Prešov in Prešov, Slovakia
  • Department of Applied Informatics, University of Entrepreneurship and Law, Czech Republic
Bibliografia
  • Afonso, A., & St. Aubyn, M. (2005). Non-parametric Approaches to Education and Health Expenditure Efficiency in the OECD. Journal of Applied Economics, 8(2), 227-246.
  • Agasisti, T., & Dal Bianco, A. (2006). Data envelopment analysis to the Italian university system: theoretical issues and policy implications. International Journal of Business Performance Management, 8(4), 344-367. http://dx.doi.org/10.1504/IJBPM.2006.009613
  • Aristovnik, A., & Obadić, A. (2014). Measuring relative efficiency of secondary education in selected EU and OECD countries: The case of Slovenia and Croatia. Technological and Economic Development of Economy, 20(3), 419-433.
  • Belás, J., & Gabčová, L. (2016). The Relationship among Customer Satisfaction, Loyalty and Financial Performance of Commercial Banks. Ekonomie a Management, 19(1), 132-147. doi: 10.15240/tul/001/2016-1-010.
  • Belás, J., Nguyen, A., Smrčka, L., Kolembus, J., & Cipovová, E. (2016). Financial literacy of secondary school students. Case study from the Czech Republic. Economics & Sociology, 9(4), 191-206. doi: 10.14254/2071-789X.2016/9-4/12.
  • Bem A., Michalski G. (2015). Hospital Profitability vs. Selected Healthcare System Indicators. Central European Conference in Finance and Economics (CEFE2015) Gavurová, B., Šoltés, M. (eds.), 2015, Technical University of Košice, 52-61.
  • Banker, R. D., Charnes, A., & Cooper, W.W. (1984). Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis. Management Science, 30(9), 1078-1092.
  • Carnoy, M. (2005). Globalisation, educational trends and the open society.' Paper presented at OSI Education Conference 2005 titled Education and Open Society: A Critical Look at New Perspectives and Demands. Hungary. Retrieved from www.opensocietyfoundations.org.
  • Clements, B. (2002). How efficient is education spending in Europe? European Review of Economics and Finance, 1(1), 326.
  • European Commission. (2006). Efficiency and Equity in European Education and Training Systems, COM (2006) 481 final.
  • Charnes, A., Cooper, W., & Rhodes, E. (1978). Measuring the Efficiency of Decision-making Units. European Journal of Operational Research, 2(6), 429-444.
  • Hung, A., Parker, A., M., & Yoong, J. (2009). Defining and Measuring Financial Literacy (RAND Working paper WR-708). Social Science Research Network. Retrieved September 8, 2016 from http://dx.doi.org/10.2139/ssrn.1498674
  • Hužvár, M., & Rigová, Z. (2016). Efficiency of Education Expenditure in OECD Countries. Applications of Mathematics and Statistics in Economics 2016. Conference Proceedings. ISSN 2453-9902, 152-162.
  • Koróny, S., & Hronec, Š. DEA analýza efektívnosti úrovne vedy a techniky verejných vysokých škôl na Slovensku DEA efficiency analysis of public universities science and technology level in Slovakia. In FORUM STATISTICUM SLOVACUM (p. 117-125).
  • Kubak, M., Bacik, R., & Gavurova, B. (2017). On the science and research efficiency of Czech universities: a data envelopment analysis. Journal of Applied Economic Sciences, 12(1), 286-301.
  • Lusardi, A. (2008). Household Saving Behavior: The Role of Financial Literacy, Information, and Financial Education Programs (NBER Working Paper 13824). Cambridge, MA: National Bureau of Economic Research. Retrieved November 5, 2016, from http://www.nber.org/papers/w13824.
  • Matulčík, J., & Matulčíková, M. (2009). Vzdelávanie a kariéra. Bratislava: Ekonóm.
  • Michalski, G. (2014). Value-Based Working Capital Management. Palgrave Macmillan, ISBN 978-1-137-39799-7.
  • Michalski, G. (2016a). Full operating cycle influence on the food and beverages processing firms characteristics. Agricultural Economics-Zemedelska Ekonomika, Czech Academy of Agricultural Sciences, 62(2), 71-77, DOI:10.17221/72/2015-AGRICECON.
  • Michalski, G. (2016b). Risk Pressure and Inventories Levels. Influence of Risk Sensitivity on Working Capital Levels.
  • Economic Computation and Economic Cybernetics Studies and Research, Editura Academia de studii economice, /0(1), 189-196.
  • Michalski, G. (2017). Nonprofit Organizations [Synonyms, Definitions], in: Global Encyclopedia of Public Administration, Public Policy, and Governance /Farazmand Ali (eds.), 2017, Springer International Publishing, 1-5, doi:10.1007/978-3-319-31816-5_10-1
  • OECD. (2012). Education at a Glance 2012: OECD Indicators, OECD Publishing, Paris. DOI: http://dx.doi.org/10.1787/eag-2012-en
  • OECD. (2016). Education at a Glance 2016: OECD Indicators, OECD Publishing, Paris. DOI: http://dx.doi.org/10.1787/eag-2016-en
  • Pudło, P., & Gavurová, B. (2012). Experimental learning in higher education, using simulation games as learning tool. International Multidisciplinary Scientific GeoConference: SGEM: Surveying Geology & Mining Ecology Management, 3, 1093.1100.
  • Pudło, P., & Gavurová, B. (2013). Experimental teaching methods in higher education-practical application. International Multidisciplinary Scientific GeoConference: SGEM: Surveying Geology & Mining Ecology Management, 2, 423428.
  • Rutledge, S. L. (2010). Consumer Protection and Financial Literacy. Lessonsfrom Nine Country Studies (Policy Research Working Paper 5326). Washington, DC: World Bank. Retrieved October 15, 2016, from http://documents.worldbank.org/curated/en/676251468233092150/Consumer-protection-and-financial-literacy-lessons-from-nine-country-studies.
  • Sav, G. T. (2013). Effects of Financial Source Dependency on Public University Operating Efficiencies: Data Envelopment Single-Stage and Tobit Two-Stage Evaluations. Review of Economics and Finance, 3(1), 63-73.
  • Schultz, T. P. (1988). Education investments and returns. Handbook of development economics, 1, 543-630.
  • Szovics, P. (2012). Quo vadis finančné vzdelávanie?. Biatec, 20(1). Retrieved September 2, 2016, from http://www.nbs.sk/sk/publikacie/biatec-odborny-bankovy-casopis /rocnik-2012/biatec-c-1-2012.
  • Starček, S., & Trunk, A. (2013). The meaning and concept of financial education in the society of economic changes. Management, Knowledge and Learning, International conference 2013. Zadar, Croatia.
  • Szczygieł N., Rutkowska-Podolska, M., Michalski, G. (2015). Information and Communication Technologies in Healthcare: Still Innovation or Reality? Innovative and Entrepreneurial Value - creating Approach in Healthcare Management. 5th Central European Conference in Regional Science Conference Proceedings /Nijkamp Pater (eds.), 2015, Technical University of Košice, 1020-1029.
  • Uramová, M., & Valach, E. (2007). Význam vzdelania v ekonomických teóriách, 1 vyd., 2007, UMB, Banská Bystrica, ISBN 978-80-8083-371-8
  • Vravec, J. (2014). Analýza úrovne finančnej gramotnosti afinančnej situácie obyvateľov východného Slovenska. Derivat, 4. Retrieved from http://www.derivat.sk/index.php?PageID=2346&SearchString=vravec
  • WôBmann, L., & Schutz, G. (2006). Efficiency and equity in European education and training systems. Analytical Report for the European Commission prepared by the European Expert Network on Economics of Education,(Bruselas: Comisión Europea, 2006). Retrieved from http://www.eenee.de/portal/page/portal/EENEEContent/IMPORT TELECENTRUJM/DOCS/SWP% 20EENEE-Part.20060426.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171480871

Zgłoszenie zostało wysłane

Zgłoszenie zostało wysłane

Musisz być zalogowany aby pisać komentarze.
JavaScript jest wyłączony w Twojej przeglądarce internetowej. Włącz go, a następnie odśwież stronę, aby móc w pełni z niej korzystać.