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https://doi.org/10.2478/bsrj-2019-014

Analysis of Higher Education Indicators Coherency in Central and Eastern Europe

Andrea Andrejević Panić   ORCID icon orcid.org/0000-0003-4688-3171 ; Educons University, Faculty of Business Economics, Sremska Kamenica, Serbia
Zagorka Lozanov-Crvenković   ORCID icon orcid.org/0000-0002-6188-2348 ; University of Novi Sad, Faculty of Sciences, Department of Mathematics and Informatics, Novi Sad, Serbia

Puni tekst: engleski, pdf (707 KB) str. 6-17 preuzimanja: 187* citiraj
APA 6th Edition
Andrejević Panić, A. i Lozanov-Crvenković, Z. (2019). Analysis of Higher Education Indicators Coherency in Central and Eastern Europe. Business Systems Research, 10 (2), 6-17. https://doi.org/10.2478/bsrj-2019-014
MLA 8th Edition
Andrejević Panić, Andrea i Zagorka Lozanov-Crvenković. "Analysis of Higher Education Indicators Coherency in Central and Eastern Europe." Business Systems Research, vol. 10, br. 2, 2019, str. 6-17. https://doi.org/10.2478/bsrj-2019-014. Citirano 14.07.2020.
Chicago 17th Edition
Andrejević Panić, Andrea i Zagorka Lozanov-Crvenković. "Analysis of Higher Education Indicators Coherency in Central and Eastern Europe." Business Systems Research 10, br. 2 (2019): 6-17. https://doi.org/10.2478/bsrj-2019-014
Harvard
Andrejević Panić, A., i Lozanov-Crvenković, Z. (2019). 'Analysis of Higher Education Indicators Coherency in Central and Eastern Europe', Business Systems Research, 10(2), str. 6-17. https://doi.org/10.2478/bsrj-2019-014
Vancouver
Andrejević Panić A, Lozanov-Crvenković Z. Analysis of Higher Education Indicators Coherency in Central and Eastern Europe. Business Systems Research [Internet]. 2019 [pristupljeno 14.07.2020.];10(2):6-17. https://doi.org/10.2478/bsrj-2019-014
IEEE
A. Andrejević Panić i Z. Lozanov-Crvenković, "Analysis of Higher Education Indicators Coherency in Central and Eastern Europe", Business Systems Research, vol.10, br. 2, str. 6-17, 2019. [Online]. https://doi.org/10.2478/bsrj-2019-014

Sažetak
Background: Higher education has the main role in generating innovative activity in knowledge-based economies. Therefore, the efficiency of the higher education sector reflects the alignment of the higher education policy with government expenditure. However, countries in Central and Eastern Europe (CEE region) have been struggling with national budget optimisation, which can cause fiscal stress and thus affect the efficiency of higher education. Objectives: The main objective is to examine mutual interaction of higher education indicators, through formulating financial models that connect performance and financial indicators. Methods/Approach: A total of 4 higher education indicators were analysed and observed in the time period of 10 years in selected CEE countries. The statistical analysis was based on panel data models. Results: The main result of the paper is the analysis of coherency of selected higher education indicators in selected CEE countries in order to establish functional links between government expenditure and efficiency through formulating financial models. Conclusions: Formulated financial models can predict the behaviour of selected performance indicators, depending on financial indicators. Therefore, the obtained models can contribute to the efficient allocation of funds and comprehensive macro-level decision making assessments in higher education policy reforms.

Ključne riječi
higher education; government expenditure; UNESCO higher education indicators; panel data models; CEE region

Hrčak ID: 224556

URI
https://hrcak.srce.hr/224556

Posjeta: 279 *