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Do Liberal Arts Colleges Exhibit Economies of Scale and Scope?

April 26, 2017Arts Colleges economies exhibit liberal scale SCOPE

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Do Liberal Arts Colleges Exhibit Economies of Scale and Scope?

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Author InfoRajindar K. Koshal, Manjulika Koshal Abstract This study empirically estimates a multiple-product fixed total cost function and output relationship for liberal arts colleges in the United States. Statistical results based on data for 295 private liberal arts colleges suggest that there are both economies of scale and economies of scope in higher education. Furthermore, product-specific economies of scope do exist for all output levels and activities. Research activity at liberal arts colleges is not cost effective. Download InfoTo download: If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.