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Cost-effectiveness Evaluation of University Based on DEA and Its Application

Xue Hui-feng

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Abstract

Efficiency is one of the important issues that universities should face. It is advantageous to apply data envelopment analysis (DEA) model to universities' efficiency evaluation. On the basis of a brief introduction to DEA model, output DEA model is employed to evaluate the efficiency of 985 universities with 7 indicators. The model measured their technical efficiency, purely technical efficiency and scale efficiency. In accordance with the scale of benefit analysis, the university trend of development is obtained. According to projection analysis, some universities should adjust the direction and intensity, the final simulation comparison shows the existing problems of the universities and the corresponding solution.

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What this paper is about

Efficiency is one of the important issues that universities should face. It is advantageous to apply data envelopment analysis (DEA) model to universities' efficiency evaluation. On the basis of a brief introduction to DEA model, output DEA model is employed to evaluate the efficiency of 985 universities with 7 indicators. The model measured their technical efficiency, purely technical efficiency and scale efficiency. In accordance with the scale of benefit analysis, the university trend of development is obtained. According to projection analysis, some universities should adjust the direction and intensity, the final simulation comparison shows the existing problems of the universities and the corresponding solution.

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Available abstract

Efficiency is one of the important issues that universities should face. It is advantageous to apply data envelopment analysis (DEA) model to universities' efficiency evaluation. On the basis of a brief introduction to DEA model, output DEA model is employed to evaluate the efficiency of 985 universities with 7 indicators. The model measured their technical efficiency, purely technical efficiency and scale efficiency. In accordance with the scale of benefit analysis, the university trend of development is obtained. According to projection analysis, some universities should adjust the direction and intensity, the final simulation comparison shows the existing problems of the universities and the corresponding solution.

Key concepts: Data envelopment analysis, Scale (ratio), Projection (relational algebra), Computer science, Operations research, Industrial engineering, Engineering, Mathematics

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