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|Title: ||Assessing economic impact and efficiency of higher education institutions|
|Other Titles: ||Aukštojo mokslo institucijų ekonominio poveikio ir efektyvumo vertinimas|
|Authors: ||Vaiciukevičiūtė, Agnė|
|Issue Date: ||16-May-2019|
|Publisher: ||VGTU leidykla „Technika“|
|Citation: ||Vaiciukevičiūtė, A. Assessing economic impact and efficiency of higher education institutions: doctoral dissertation. Vilnius: Technika, 152 p.|
|Abstract: ||Higher Education Institutions (HEIs) have the potential to make a substantial impact on a country’s economy. However, at the scientific level, there are lack of tools to assess the internal efficiency of HEIs and their economic impacts on the local economy in a systematic way. This research assumes that the economic activity of HEIs is integral to local economies, and thus, deserves serious study. The research proposes that it is necessary to assess HEIs’ measurable impact on the economy, as well as their efficiency, in order to offer an analysis of which HEIs are performing as optimally as possible. The object of this dissertation is to develop a model that allows evaluating economic impact and efficiency of HEIs within the same system.
The dissertation consists of an introduction, three chapters, general conclusions, and seven appendices. Chapter 1 analyses pertinent research on the economic impact of HEIs by considering the most relevant theoretical models. This chapter outlines approaches for evaluating efficiency as they pertain to HEIs’ activity. The chapter concludes with a critical synopsis of the current methods of assessing impact and efficiency in HEI research. Chapter 2 details the proposed models for evaluating both the economic impact and the efficiency of HEIs. Input-Output modelling (I-O) will be for its viability as a reliable approach to analysing economic impact. Next, a thorough account of Data Envelope Analysis (DEA) will be performed to justify its theoretical value in assessing HEIs’ efficiency. The other part of the chapter brings economic impact and efficiency together by proposing an integrated model. In chapter 3 the study looks at the Lithuanian public universities specifically as an empirical case study. Then the chapter offers an in-depth account of the application of the model to Lithuanian context.
Based on this study’s empirical research, the findings outlined in Chapter 3 indicate that HEIs have one of the highest type II output multipliers in Lithuania, compared to other educational sectors. Meanwhile, larger universities have higher type II output multipliers than smaller universities. Furthermore, apart from one outlying institution, the largest HEIs were also the most efficient, debunking the common belief that smaller, more specialized universities are more efficient.
Finally, a set of general conclusions and recommendations for further research and application complete the present study. 4 publications focusing on the discussed dissertation are published: 3 in internationally recognized data basis, 1 – in conference material.|
|Appears in Collections:||Socialinių mokslų daktaro disertacijos ir jų santraukos|
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