Work detail

Efficiency and private financing in public higher education sector of the Czech Republic

Author: Mgr. Vojtěch Fidler
Year: 2015 - summer
Leaders: Mgr. Barbara Pertold-Gebicka M.A., Ph.D.
Work type: Economic Theory
Language: English
Pages: 99
Awards and prizes:
Abstract: Public higher education in the Czech Republic is financed by general taxation.
Due to permanent lack of financial sources in the sector, there should be sought
alternative ways of financing, among which private financing is considered to be
the best alternative. Nevertheless, it is important that these additional funds are
managed efficiently. Thus, next to private financing, the thesis also studies
efficiency of the sector as these two areas are interrelated. The results of private
funding model indicate feasible realization with relatively low negative impact
on private rate of return. Using DEA method, the efficiency analysis reveals that
although Czech universities are teaching efficiently, they lack efficiency in
research. This suggests that current financing scheme should be adjusted
accordingly. Higher education is also studied from theoretical perspective and
discussed are such topics as quality, mass education or the recent reform




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