{"title":"Recent Graduates in the Labor Market: The Efficiency Frontier of Higher Education Institutions","authors":"Fabiola Saavedra-Caballero","doi":"10.1007/s11162-024-09792-9","DOIUrl":null,"url":null,"abstract":"<p>This study assesses the technical efficiency of higher education institutions in terms of labor market outcomes for recent graduates, employing a comparative analysis of three distinct methodological approaches. Using a sample of recent graduates of Colombian universities who earned their degrees between 2007 and 2011, we estimated the institutions' efficiency scores through Data Envelopment Analysis (DEA), the Free Disposal Hull (FDH) model, and Cazals et al. (Journal of Econometrics 106:1-25, 2002) order-<i>m</i> estimator. Our results reveal that the estimation technique affects the results when super-efficient decision-making units are present, with the order-<i>m</i> technique demonstrating superiority over DEA and FDH. However, in the absence of super-efficient institutions, the efficiency rankings obtained from all three methodologies exhibit consistency. This paper contributes to the literature by highlighting the importance of methodological selection in evaluating the labor market performance efficiency of higher education institutions when recent graduates’ perspective is adopted.</p>","PeriodicalId":48200,"journal":{"name":"Research in Higher Education","volume":"55 1","pages":""},"PeriodicalIF":1.9000,"publicationDate":"2024-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Research in Higher Education","FirstCategoryId":"95","ListUrlMain":"https://doi.org/10.1007/s11162-024-09792-9","RegionNum":3,"RegionCategory":"教育学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"EDUCATION & EDUCATIONAL RESEARCH","Score":null,"Total":0}
引用次数: 0
Abstract
This study assesses the technical efficiency of higher education institutions in terms of labor market outcomes for recent graduates, employing a comparative analysis of three distinct methodological approaches. Using a sample of recent graduates of Colombian universities who earned their degrees between 2007 and 2011, we estimated the institutions' efficiency scores through Data Envelopment Analysis (DEA), the Free Disposal Hull (FDH) model, and Cazals et al. (Journal of Econometrics 106:1-25, 2002) order-m estimator. Our results reveal that the estimation technique affects the results when super-efficient decision-making units are present, with the order-m technique demonstrating superiority over DEA and FDH. However, in the absence of super-efficient institutions, the efficiency rankings obtained from all three methodologies exhibit consistency. This paper contributes to the literature by highlighting the importance of methodological selection in evaluating the labor market performance efficiency of higher education institutions when recent graduates’ perspective is adopted.
期刊介绍:
Research in Higher Education publishes studies that examine issues pertaining to postsecondary education. The journal is open to studies using a wide range of methods, but has particular interest in studies that apply advanced quantitative research methods to issues in postsecondary education or address postsecondary education policy issues. Among the topics of interest to the journal are: access and retention; student success; equity; faculty issues; institutional productivity and assessment; postsecondary education governance; curriculum and instruction; state and federal higher education policy; and financing of postsecondary education. The journal encourages submissions from scholars in disciplines outside of higher education, and studies from outside the United States that address issues that are of interest to the readership. The journal will on occasion publish short notes of a methodological nature, literature reviews of topics pertaining to postsecondary research, and “research and practice” studies illustrating how postsecondary research can inform decision making.