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Original Articles

Technical Efficiency in the Production of Economic Knowledge

Pages 3-13 | Published online: 15 Jul 2014
 

Abstract

This paper is an attempt to estimate technical efficiency in the production of economic knowledge. To that end, an educational production frontier was estimated via linear programming and an index of technical efficiency computed by forming the ratio, actual post TUCE/computed post TUCE. Professor teaching preferences and student learning preferences along with age and sex were used as regressors in an attempt to identify factors accounting for technical efficiency. Students were found to be very efficient in the production of knowledge.

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