Multi-product total cost function for higher education: a case of bible colleges
Economics of Education Review Volume 20, Number 3 ISSN 0272-7757 Publisher: Elsevier Ltd
This study empirically estimates a multi-product total cost function and output relationship for comprehensive universities in the United States. Statistical results based on data for 184 Bible colleges suggest that there are both economies of scale and economies of scope in higher education. In addition, product-specific economies of scope do exist for all output levels and activities.
Koshal, R.K., Koshal, M. & Gupta, A. Multi-product total cost function for higher education: a case of bible colleges. Economics of Education Review, 20(3), 297-303. Elsevier Ltd.