Efficiency differences of Finnish senior secondary schools: an application of DEA Tobit-analysis

Summary form only as given. The authors study efficiency differences among Finnish senior secondary schools by data envelopment analysis (DEA). The results also show that the rankings of schools by matriculation examination scores (an output variable) differed markedly from rankings by efficiency. As a second stage after DEA analysis, they explained the degree of inefficiency by a statistical Tobit model. Somewhat surprisingly, private schools were inefficient relative to public schools, and grant ratios, i.e. ratios of state grants to accepted or actual educational expenditures, had in some models a positive and significant effect on efficiency