Effects of Educational Efficiency on National Competitiveness Based on Cross-National Data

The importance of education to national competitiveness and future development is self-evident. Resource input secures educational development. However, the efficiency of educational resources, their input–output ratio, and their effects on national competitiveness are matters of concern. This study...

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Main Authors: Fangtao Liu, Huan Xu
Format: Article
Language:English
Published: MDPI AG 2017-10-01
Series:Education Sciences
Subjects:
Online Access:https://www.mdpi.com/2227-7102/7/4/81
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author Fangtao Liu
Huan Xu
author_facet Fangtao Liu
Huan Xu
author_sort Fangtao Liu
collection DOAJ
description The importance of education to national competitiveness and future development is self-evident. Resource input secures educational development. However, the efficiency of educational resources, their input–output ratio, and their effects on national competitiveness are matters of concern. This study aims to measure the efficiency of educational resources of a country within the scope of financial capacity. This study further evaluates the effects of educational efficiency on national competitiveness. Data envelopment analysis was applied to measure the efficiency of educational resources, and two-way fixed-effect panel data were used to evaluate the effects on national competitiveness. This study corroborated that among 53 countries, those with high educational efficiency and stable development are mainly concentrated in East and Southeast Asia. According to different levels of development and/or regional location, the driver of education is only significant in the most competitive economies. In addition, given the development stage, governments should depend on their own level of competitiveness in determining priority areas of development.
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spelling doaj.art-1cf510bfdefd4576a3f46b18c14f04592022-12-22T03:10:06ZengMDPI AGEducation Sciences2227-71022017-10-01748110.3390/educsci7040081educsci7040081Effects of Educational Efficiency on National Competitiveness Based on Cross-National DataFangtao Liu0Huan Xu1School of Public Policy and Management, Tsinghua University, Shuang Qing Road 30, Hai Dian District, Beijing 100084, ChinaSchool of Public Policy and Management, Tsinghua University, Shuang Qing Road 30, Hai Dian District, Beijing 100084, ChinaThe importance of education to national competitiveness and future development is self-evident. Resource input secures educational development. However, the efficiency of educational resources, their input–output ratio, and their effects on national competitiveness are matters of concern. This study aims to measure the efficiency of educational resources of a country within the scope of financial capacity. This study further evaluates the effects of educational efficiency on national competitiveness. Data envelopment analysis was applied to measure the efficiency of educational resources, and two-way fixed-effect panel data were used to evaluate the effects on national competitiveness. This study corroborated that among 53 countries, those with high educational efficiency and stable development are mainly concentrated in East and Southeast Asia. According to different levels of development and/or regional location, the driver of education is only significant in the most competitive economies. In addition, given the development stage, governments should depend on their own level of competitiveness in determining priority areas of development.https://www.mdpi.com/2227-7102/7/4/81educational efficiencydata envelopment analysisnational competitiveness
spellingShingle Fangtao Liu
Huan Xu
Effects of Educational Efficiency on National Competitiveness Based on Cross-National Data
Education Sciences
educational efficiency
data envelopment analysis
national competitiveness
title Effects of Educational Efficiency on National Competitiveness Based on Cross-National Data
title_full Effects of Educational Efficiency on National Competitiveness Based on Cross-National Data
title_fullStr Effects of Educational Efficiency on National Competitiveness Based on Cross-National Data
title_full_unstemmed Effects of Educational Efficiency on National Competitiveness Based on Cross-National Data
title_short Effects of Educational Efficiency on National Competitiveness Based on Cross-National Data
title_sort effects of educational efficiency on national competitiveness based on cross national data
topic educational efficiency
data envelopment analysis
national competitiveness
url https://www.mdpi.com/2227-7102/7/4/81
work_keys_str_mv AT fangtaoliu effectsofeducationalefficiencyonnationalcompetitivenessbasedoncrossnationaldata
AT huanxu effectsofeducationalefficiencyonnationalcompetitivenessbasedoncrossnationaldata