The growing allocative inefficiency of the US higher education sector:
This paper presents new evidence on research and teaching productivity in universities using a panel of 102 top U.S. schools during 1981-1999. Faculty employment grows at 0.6 percent per year, compared with growth of 4.9 percent in industrial researchers. Productivity growth per researcher is 1.4-6....
Gespeichert in:
| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2006
|
| Schriftenreihe: | Working paper series / National Bureau of Economic Research
12683 |
| Online-Zugang: | Volltext |
| Zusammenfassung: | This paper presents new evidence on research and teaching productivity in universities using a panel of 102 top U.S. schools during 1981-1999. Faculty employment grows at 0.6 percent per year, compared with growth of 4.9 percent in industrial researchers. Productivity growth per researcher is 1.4-6.7 percent and is higher in private universities. Productivity growth per teacher is 0.8-1.1 percent and is higher in public universities. Growth in research productivity within universities exceeds overall growth, because the research share grows in universities where productivity growth is less. This finding suggests that allocative efficiency of U.S. higher education declined during the late 20th century. R&D stock, endowment, and post-docs increase research productivity in universities, the effect of nonfederal R&D is less, and the returns to research are diminishing. Since the nonfederal R&D share grows and is higher in public schools, this may explain the rising inefficiency. Decreasing returns in research but not teaching suggest that most differences in university size are due to teaching. |
| Beschreibung: | Literaturverz. S. 26 - 27 |
| Beschreibung: | 41 S. graph. Darst. 22 cm |
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| 245 | 1 | 0 | |a The growing allocative inefficiency of the US higher education sector |c James D. Adams ; J. Roger Clemmons |
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| 490 | 1 | |a Working paper series / National Bureau of Economic Research |v 12683 | |
| 500 | |a Literaturverz. S. 26 - 27 | ||
| 520 | |a This paper presents new evidence on research and teaching productivity in universities using a panel of 102 top U.S. schools during 1981-1999. Faculty employment grows at 0.6 percent per year, compared with growth of 4.9 percent in industrial researchers. Productivity growth per researcher is 1.4-6.7 percent and is higher in private universities. Productivity growth per teacher is 0.8-1.1 percent and is higher in public universities. Growth in research productivity within universities exceeds overall growth, because the research share grows in universities where productivity growth is less. This finding suggests that allocative efficiency of U.S. higher education declined during the late 20th century. R&D stock, endowment, and post-docs increase research productivity in universities, the effect of nonfederal R&D is less, and the returns to research are diminishing. Since the nonfederal R&D share grows and is higher in public schools, this may explain the rising inefficiency. Decreasing returns in research but not teaching suggest that most differences in university size are due to teaching. | ||
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| index_date | 2024-07-02T22:41:30Z |
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| spelling | Adams, James D. 1945- Verfasser (DE-588)129254207 aut The growing allocative inefficiency of the US higher education sector James D. Adams ; J. Roger Clemmons Cambridge, Mass. National Bureau of Economic Research 2006 41 S. graph. Darst. 22 cm txt rdacontent n rdamedia nc rdacarrier Working paper series / National Bureau of Economic Research 12683 Literaturverz. S. 26 - 27 This paper presents new evidence on research and teaching productivity in universities using a panel of 102 top U.S. schools during 1981-1999. Faculty employment grows at 0.6 percent per year, compared with growth of 4.9 percent in industrial researchers. Productivity growth per researcher is 1.4-6.7 percent and is higher in private universities. Productivity growth per teacher is 0.8-1.1 percent and is higher in public universities. Growth in research productivity within universities exceeds overall growth, because the research share grows in universities where productivity growth is less. This finding suggests that allocative efficiency of U.S. higher education declined during the late 20th century. R&D stock, endowment, and post-docs increase research productivity in universities, the effect of nonfederal R&D is less, and the returns to research are diminishing. Since the nonfederal R&D share grows and is higher in public schools, this may explain the rising inefficiency. Decreasing returns in research but not teaching suggest that most differences in university size are due to teaching. Clemmons, J. Roger Verfasser (DE-588)129466050 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.> NBER working paper series 12683 (DE-604)BV002801238 12683 http://papers.nber.org/papers/w12683.pdf kostenfrei Volltext |
| spellingShingle | Adams, James D. 1945- Clemmons, J. Roger The growing allocative inefficiency of the US higher education sector |
| title | The growing allocative inefficiency of the US higher education sector |
| title_auth | The growing allocative inefficiency of the US higher education sector |
| title_exact_search | The growing allocative inefficiency of the US higher education sector |
| title_exact_search_txtP | The growing allocative inefficiency of the US higher education sector |
| title_full | The growing allocative inefficiency of the US higher education sector James D. Adams ; J. Roger Clemmons |
| title_fullStr | The growing allocative inefficiency of the US higher education sector James D. Adams ; J. Roger Clemmons |
| title_full_unstemmed | The growing allocative inefficiency of the US higher education sector James D. Adams ; J. Roger Clemmons |
| title_short | The growing allocative inefficiency of the US higher education sector |
| title_sort | the growing allocative inefficiency of the us higher education sector |
| url | http://papers.nber.org/papers/w12683.pdf |
| volume_link | (DE-604)BV002801238 |
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