About this paper

Appears in:
Pages: 6163-6172
Publication year: 2019
ISBN: 978-84-09-08619-1
ISSN: 2340-1079
doi: 10.21125/inted.2019.1504

Conference name: 13th International Technology, Education and Development Conference
Dates: 11-13 March, 2019
Location: Valencia, Spain

ABOUT THE FINANCIAL EFFICIENCY OF THE IBERIAN PENINSULA EDUCATION

K. Murillo, E. Rocha

University of Aveiro (PORTUGAL)
This work examines the financial efficiency of private institutions of secondary and higher education in the Iberian Peninsula, during the period 2013-2016. In particular, we study the evolution of 117 Portuguese institutions and 1885 Spanish institutions. To this end, we analyze the evolution of financial statements of each institution regarding its efficiency at three distinct stages: efficiency levels; efficiency patterns; and efficiency determinants.

We use a nonparametric method that allows us to investigate changes in the institutions' efficiency standards, namely a model based on the Multidirectional Efficiency Analysis (MEA) in combination with other mathematical techniques, such that principal component analysis, clustering analysis and accumulated effort.

The study allows a parallel between Spain and Portugal, characterizing the behavior of the educational levels after the financial crisis that Europe suffered in mid-2008. Our results indicate which are the levels of education that are more efficient and those that are less efficient, and which improvements could be applied to propose more effective measures according to other European experiences. The results show that Spanish higher education is more efficient than Portuguese one and the same conclusion can be inferred, with a lower degree, for the secondary education, except in 2016. Looking to higher versus secondary education, secondary education presents the biggest resource management inefficiency. Cluster analysis was applied to avoid the disparity of data in Spain. In 2015, Spain cluster 1 presents the greatest difference between the accumulated efforts of the two education levels. In contrast, Spain cluster 2 attains the smallest difference.
@InProceedings{MURILLO2019ABO,
author = {Murillo, K. and Rocha, E.},
title = {ABOUT THE FINANCIAL EFFICIENCY OF THE IBERIAN PENINSULA EDUCATION},
series = {13th International Technology, Education and Development Conference},
booktitle = {INTED2019 Proceedings},
isbn = {978-84-09-08619-1},
issn = {2340-1079},
doi = {10.21125/inted.2019.1504},
url = {http://dx.doi.org/10.21125/inted.2019.1504},
publisher = {IATED},
location = {Valencia, Spain},
month = {11-13 March, 2019},
year = {2019},
pages = {6163-6172}}
TY - CONF
AU - K. Murillo AU - E. Rocha
TI - ABOUT THE FINANCIAL EFFICIENCY OF THE IBERIAN PENINSULA EDUCATION
SN - 978-84-09-08619-1/2340-1079
DO - 10.21125/inted.2019.1504
PY - 2019
Y1 - 11-13 March, 2019
CI - Valencia, Spain
JO - 13th International Technology, Education and Development Conference
JA - INTED2019 Proceedings
SP - 6163
EP - 6172
ER -
K. Murillo, E. Rocha (2019) ABOUT THE FINANCIAL EFFICIENCY OF THE IBERIAN PENINSULA EDUCATION, INTED2019 Proceedings, pp. 6163-6172.
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