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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MDPI AG
2017-10-01
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Series: | Education Sciences |
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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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institution | Directory Open Access Journal |
issn | 2227-7102 |
language | English |
last_indexed | 2024-04-13T00:42:56Z |
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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 |