UNIVERSITIES’ EFFICIENCY ANALYSIS: LITERATURE REVIEW OF DEA APPLICATION

Abstract

The aim of the paper is to give a literature review of the evaluation of the relative efficiency of higher education institutions (HEIs), i.e. universities, by using the non-parametric approach Data Envelopment Analysis (DEA). By using Google Search, 30 studies published in the period 1989-2017 have been found. In this paper, 10 studies are analyzed. Through the analysis, it was found that universities in one country are considered in nine studies, while universities in seven European countries are considered in one study; the smallest sample of universities is 14, and the largest is 259; in most of the studies, DEA models are defined with a different input-output mix; output orientation and CRS assumption is most often specified for the DEA models; and in some studies, besides DEA, fuzzy DEA, bootstrapping procedures and regression analysis are used.