演講者簡介 : Professor Cliff Huang為Ph.D. in Economics, University of North Carolina at Chapel Hill(1968)。
現Vanderbilt University教授。
其主要領域為Applied Econometrics、Productivity及Statistics。
演講摘要 : In this paper we evaluate empirically the university cost structure in Taiwan. While most empirical studies of higher education show some evidence of scale and scope economies, we demonstrate in this paper that they are elusive because they have failed to account for quality variation among colleges and universities, in particular the endogeneity of congestion in facility utilization. Empirical results show that the private and highly congested universities have consistently underestimated the cost of congestion and are able to decrease the short-run average cost, which results in an upward bias in estimating the economies of scale and scope. Taking into account the quality of outputs in enrollments and the congestion factor, we find that the colleges and universities in Taiwan show increasing returns to scale and the scope economies. The private and the more congested universities have much less scale and scope economies than the public and the less congested institutions. However, more than half of colleges and universities are too big to be scale efficient at the quality level of the top five universities. .
