Efficiency Analysis of European Higher Education in Achieving Sustainable Development Goals

6th International Scientific Conference – EMAN 2022 – Economics and Management: How to Cope With Disrupted Times, Ljubljana, Slovenia, March 24, 2022, CONFERENCE PROCEEDINGS, published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-57-8, ISSN 2683-4510

 Abstract:

This research aims to evaluate the technical efficiency of higher education in EU member states in achieving the Sustainable Development Goals. Measuring the coefficient of technical efficiency provides more information on the extent to which inputs are used to pro­duce outputs. Data Envelopment Analysis is used to determine the coefficients of technical effi­ciency. We use three inputs and three outputs in the evaluation of technical efficiency. The inputs used in this research are the total number of students, the number of academic staff and public expenditure on higher education, while the outputs are the number of graduates, employment rates of recent graduates and the overall score of the EU member state in the Sustainable Devel­opment Goals. Assessing technical efficiency ratios will help us determine which state uses its re­sources most efficiently in the higher education sector. It will also highlight less efficient coun­tries and point out ways to improve their efficiency.

Keywords:

Higher education; Efficiency; Data constraint analysis; DEA; Sustainable development
goals

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