What Makes Students (In)Efficient? An Exploratory Econometric Inquiry into the Causes of (In)Efficiency in Academic Performance

36 Pages Posted: 25 Jan 2006

See all articles by Alexandra Kontolaimou

Alexandra Kontolaimou

University of Patras - Department of Economics

Dionysios Psallidas

University of Patras - Department of Economics

Anastasia Pseiridis

University of Central Greece - Department of Regional Economic Development; University of Patras - Department of Economics

Date Written: 2006

Abstract

The purpose of this paper is to investigate the existence of inefficiency within economics undergraduates and to identify factors that may account for it. Data Envelopment Analysis reveals that both 'pure' technical inefficiency and scale inefficiency exists. Tobit and logit regression show that students who do not live with their family, female students and those that appear more satisfied or motivated are better performers (efficiency-wise). The effect of these variables may be substantial; for example, students living with their parents may 'lose' up to 22 percentage points in the probability of being fully efficient; an only child may have a lower efficiency score of up to 14 percentage points.

Keywords: efficiency, educational economics, Data Envelopement Analysis (DEA), student performance

JEL Classification: I21, A22

Suggested Citation

Kontolaimou, Alexandra and Psallidas, Dionysios and Pseiridis, Anastasia, What Makes Students (In)Efficient? An Exploratory Econometric Inquiry into the Causes of (In)Efficiency in Academic Performance (2006). Available at SSRN: https://ssrn.com/abstract=877345 or http://dx.doi.org/10.2139/ssrn.877345

Alexandra Kontolaimou

University of Patras - Department of Economics

Patras GR-265 04
Greece

Dionysios Psallidas

University of Patras - Department of Economics

Patras GR-265 04
Greece

Anastasia Pseiridis (Contact Author)

University of Central Greece - Department of Regional Economic Development

Lambrou Katsoni Square
Livadia, GR-321 00
Greece

University of Patras - Department of Economics ( email )

Patras GR-265 04
Greece
+30 2610 969966 (Phone)

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