Economic theory suggests that competitive pressures will impact on organisational efficiency. In recent years, universities in Australia and New Zealand have faced increased competition for students. The aim of this paper is to explore the efficiency of Australian and New Zealand public universities and to investigate the impact of competition for students from overseas on efficiency. Output distance functions are estimated using panel data for the period 1995-2002 for Australia and 1997-2003 for New Zealand. The results show that competition for overseas students has led to increased efficiency in Australian universities. However, competition for overseas students appears to have had no effect on efficiency in New Zealand.
History
Journal
Education economics
Volume
17
Pagination
31 - 57
Location
London, England
ISSN
1469-5782
eISSN
0964-5292
Language
eng
Publication classification
C1 Refereed article in a scholarly journal; C Journal article