Table 4.

Descriptive statistics of efficiency scores of public and private universities

Efficiency scoresReturns to scale
Descriptive statisticsCRSVRSScaleIRSDRS
All universities (n = 48)
Average0.8810.8940.9851716
SD0.1130.110.022
Median0.9040.9460.994
Range (min–max)0.637–10.645–10.914–1
Fully efficient23% (11/48)27% (13/48)27% (13/48)
Public universities (n = 32)
Average0.8470.8640.981115
SD0.1060.1050.025
Median0.8550.8650.992
Range (min–max)0.667–10.671–10.914–1
Fully efficient9.4% (3/32)12.5% (4/32)12.5% (4/32)
Private universities (n = 16)
Average0.9480.9530.99461
SD0.0970.0960.008
Median0.99411
Range (min–max)0.637–10.645–10.975–1
Fully efficient50% (8 / 16)56% (9 / 16)56% (9 / 16)
Note(s):

SD: standard deviation, DRS: decreasing returns to scale, IRS: increasing returns to scale

Source(s): Tables are by authors

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