Economic efficiency of public secondary education expenditure: How different are developed and developing countries?

Juliana Arias Ciro, Alejandro Torres García
2018 Revista Desarrollo y Sociedad  
Eficiencia económica del gasto público en educación secundaria: ¿qué tan diferentes son los países desarrollados y en desarrollo? Abstract This study measures the efficiency of public secondary education expenditure in 37 developing and developed countries using a two-step semi-parametric DEA (Data Envelopment Analysis) methodology. We first implement two cross-country frontier models for the 2012-2015 period: one using a physical input (i.e., teacher-pupil ratio) and one using monetary inputs
more » ... ng monetary inputs (i.e., government and private expenditure per secondary student as a percentage of GDP). These results are corrected by the effects of GDP per capita and adult educational attainment as non-discretionary inputs. We obtain five important results: 1) developed and developing countries are similar in terms of the education production process due to the peers used in the non-parametric Este artículo fue recibido el 4 de mayo del 2017, evaluado el 15 de septiembre del 2017 y finalmente aceptado el 30 de noviembre del 2017. Economic efficiency of public secondary education expenditure 120 desarro. soc. no. 80, bogotá, primer semestre 2018, pp. 119-154, issn 0120-3584, e-issn 1900-7760, doi: 10.29263/dYs.80.4 estimation of relative efficiency; 2) developing countries could increase their enrolment rates and PISA scores by approximately 22% and 21%, respectively, by maintaining the same teacher-pupil ratios and public-private spending levels; 3) Australia, Belgium, Finland, and Japan are efficient countries in the two frontier models; 4) robust empirical evidence indicates that both income and parental educational attainment negatively affect efficiency in both models; and 5) the physical frontier model significantly favours developing countries, bringing them closer to the efficiency frontier; however, it negatively affects developed countries. frontera físico favorece significativamente los países en desarrollo, llevándolos más cerca de la frontera de eficiencia, pero afecta los países desarrollados. Palabras clave: educación secundaria, gasto público, gasto privado, eficiencia, DEA. Clasificación JEL: H52, I22.
doi:10.13043/dys.80.4 fatcat:yzsytetbu5br3nnlchj4gemwou