Measuring the Technical Efficiency of Educational Units – An Interesting Find

Authors

  • Stylianos Gr. Margaritis Ph.D. Researcher, Department of Computer Science and Telecommunications, University of Thessaly, Lamia, Greece
  • Elias E. Argyropoulos Ph.D. Researcher, Department of Mathematics, National Technical University of Athens, Athens, Greece
  • Constantinos P. Tsamadias Emeritus Professor, School of Environment, Geography and Applied Economics, Harokopio University, Athens, Greece
  • Georgios I. Stamoulis Professor, Department of Computer and Communications Engineering, University of Thessaly, Volos, Greece

DOI:

https://doi.org/10.5281/zenodo.12600537

Keywords:

Upper Secondary Schools, Technical Efficiency, Data Envelopment Analysis, Stochastic Frontier Analysis, Environmental Variables

Abstract

This paper empirically investigates the existence of differences in the measurements in Technical Efficiency for upper secondary public schools in Greece during the years 2020, 2021 and 2022 with implementation of Data Envelopment Analysis and Stochastic Frontier Analysis. The findings show that the results are close. The mean value of the differences (d) is 0.00022, and the standard deviation is 0.083. The application of SFA is performed with the Cobb-Douglas model, Half-Normal N+(0, σ2u), which was chosen among four alternatives, since it presents the best adaptation to the empirical data. Therefore, in the area of applied policy there is no need to apply both methods.

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Published

30-06-2024

Issue

Vol. 7 No. 6 (2024)

Section

Articles

License

Copyright (c) 2024 Stylianos Gr. Margaritis, Elias E. Argyropoulos, Constantinos P. Tsamadias, Georgios I. Stamoulis

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
S. G. Margaritis, E. E. Argyropoulos, C. P. Tsamadias, and G. I. Stamoulis, “Measuring the Technical Efficiency of Educational Units – An Interesting Find”, IJRESM, vol. 7, no. 6, pp. 197–207, Jun. 2024, doi: 10.5281/zenodo.12600537.