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Article
Cost-Benefit Analysis on Chinese Higher Education Resources Based on Data Envelopment Analysis
Author(s)
Hui Luan
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DOI:10.17265/2161-623X/2017.08.004
Affiliation(s)
Qufu Normal University, Qufu, China
ABSTRACT
With the continuous
expansion of the universities in China, the gradually growing of limited higher
education resources cannot meet the increased demand of contemporary teachers
and students in China. Therefore, in this paper, the author analyzed the utilization
and allocation of existing education resources in universities based on
educational cost and benefit. Moreover, the author selected 11 schools of Qufu
Normal University as an individual case. The data envelopment analysis (DEA)
model was built according to the data on input (cost) and output (benefit) of
educational resources of these 11 schools during 2016. After that, cost-benefit
analysis of calculation result was conducted to provide reference for optimal
allocation of established educational resources.
KEYWORDS
higher education, educational resources, data envelopment model, cost-benefit analysis
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