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Education Efficiency and Labor Market Achievements: An Evaluation for Twenty OECD Countries

dc.contributor.authorVliamos, Spyros
dc.contributor.authorTzeremes, Nickolaos G.
dc.description.abstractThe paper uses data envelopment analysis (DEA-CCR model) to evaluate the tertiary-level educational system mechanism, relating a set of inputs to some outputs, in particular, income and employment. The analysis concerns tertiary education level graduates for twenty OECD countries. As a result, we obtain efficiency scores and optimal output levels for “inefficient” countries. These results are compared with those derived from the use of ratio analysis. Having in mind the limitations and the strict assumptions of the method, the results indicate that the overall efficiency of educational system of countries is positively influenced by survival rates in tertiary education, financial aid to students, trends in employment according to educational attainment and relative earnings from employment by the level of educational attainment.en_UK
dc.relation.ispartofseriesThe Journal of Economic Asymmetries;Volume 3, Issue 2
dc.rights© 2006 Elsevier B.V.en_UK
dc.subjectHigher educationen_UK
dc.subjectEconomic developmenten_UK
dc.subjectOECD countriesen_UK
dc.subjectData envelopment analysisen_UK
dc.titleEducation Efficiency and Labor Market Achievements: An Evaluation for Twenty OECD Countriesen_UK

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© 2006 Elsevier B.V.
Except where otherwise noted, this item's license is described as © 2006 Elsevier B.V.