Measuring Efficiency of Higher Education by Using DEA Models

Lots of studies are devoted to the measuring efficiency of universities, but only a few studies measure the efficiency in an international context. In this paper we focus on measuring the performance of the Czech higher education in comparison with other European countries. We used DEA methodology and data from Eurostat database for 23 countries and determined the following variables: total public expenditure on tertiary education as % of GDP, the annual expenditure on public and private educational institutions per student with tertiary education (PPS based on full-time equivalents), the employment rates of people with tertiary education and the population with tertiary education attainment. All data refer to the year 2011. The Czech Republic with its efficiency score is ranked among the last in the list as an inefficient unit.