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Evaluating technical efficiency of human capital formation in the Italian university: Evidence from Florence
Authors:Guido Ferrari  Tiziana Laureti
Institution:(1) Dipartimento di Statistica "G. Parenti", Universitá di Firenze, Viale Morgagni 59, 50134 Firenze, Italy;(2) Dipartimento di studi aziendali, tecnologici e quantitativi, Universitá della Tuscia - Viterbo, Via del Paradiso 47, 01100 Viterbo, Italy
Abstract:This paper models the human capital formation in the Italian university and utilizes a measure of technical efficiency to estimate the output-efficiency of human capital formation in the University of Florence, by using Data Envelopment Analysis (DEA) on a selected set of inputs and outputs. It uses the Program Evaluation (PE) procedure as well, in an attempt to attribute shares of the variation in efficiency to factors that are beyond the control and factors that are under the control of the graduates and faculties. The authors thank two anonymous referees for their valuable comments.
Keywords:Data Envelopment Analysis (DEA)  frontier technical efficiency  production unit  bad output  Program Evaluation (PE)
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