Higher education volume and value of output: experimental calculations for Malaysia

The valuation of higher education’s contribution to the national economy in the past has typically been based upon costs of inputs. However, such an approach neglects any productivity or quality variations in the outputs of higher education, mainly from teaching services and research. An increas...

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Main Author:	Khalid, Haniza
Format:	Article
Language:	English
Published:	Educational Management, Planning & Policy, Faculty of Education, University of Malaya 2016
Subjects:	HJ7451 Expenditures. Government spending L Education (General) LB2300 Higher Education
Online Access:	http://irep.iium.edu.my/52122/ http://irep.iium.edu.my/52122/ http://irep.iium.edu.my/52122/1/MOJEM_Haniza.pdf

id	iium-52122
recordtype	eprints
spelling	iium-521222016-10-25T02:52:17Z http://irep.iium.edu.my/52122/ Higher education volume and value of output: experimental calculations for Malaysia Khalid, Haniza HJ7451 Expenditures. Government spending L Education (General) LB2300 Higher Education The valuation of higher education’s contribution to the national economy in the past has typically been based upon costs of inputs. However, such an approach neglects any productivity or quality variations in the outputs of higher education, mainly from teaching services and research. An increasing number of countries are now using output-based measures of the volume of higher education services. This paper describes a quantitative approach for output-based measurements using publicly available data in order to attempt a preliminary application for Malaysia. Government’s development and operational budget on education and training increased significantly after 2007 with the implementation of the National Higher Education Strategic Plan (NHESP). Using the output approach, we find that value of teaching services by the public HE sector rose by 5.2 per cent that from RM13.77 billion to RM14.48 billion in 2010 although aggregate enrolment grew by 9.9 per cent; as compared to 5.1 per cent increase in operational budget for the same period. The result is justified given that higher percentage of the new enrolments are often found in advanced levels of study (postgraduate courses) which cost less per unit of quantity – as there is less coursework involved. The finding sheds light on the nature of NHESP’s impact on national income and provides helpful inputs to future refinements of the national strategic plan. Educational Management, Planning & Policy, Faculty of Education, University of Malaya 2016-10 Article PeerReviewed application/pdf en http://irep.iium.edu.my/52122/1/MOJEM_Haniza.pdf Khalid, Haniza (2016) Higher education volume and value of output: experimental calculations for Malaysia. Malaysian Online Journal of Educational Management, 4 (4). pp. 17-36. E-ISSN 2289–4489 http://mojem.um.edu.my/filebank/published_article/10197/(page%2017-36)%20HIGHER%20EDUCATION%20VOLUME%20AND%20VALUE%20.pdf
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HJ7451 Expenditures. Government spending L Education (General) LB2300 Higher Education
spellingShingle	HJ7451 Expenditures. Government spending L Education (General) LB2300 Higher Education Khalid, Haniza Higher education volume and value of output: experimental calculations for Malaysia
description	The valuation of higher education’s contribution to the national economy in the past has typically been based upon costs of inputs. However, such an approach neglects any productivity or quality variations in the outputs of higher education, mainly from teaching services and research. An increasing number of countries are now using output-based measures of the volume of higher education services. This paper describes a quantitative approach for output-based measurements using publicly available data in order to attempt a preliminary application for Malaysia. Government’s development and operational budget on education and training increased significantly after 2007 with the implementation of the National Higher Education Strategic Plan (NHESP). Using the output approach, we find that value of teaching services by the public HE sector rose by 5.2 per cent that from RM13.77 billion to RM14.48 billion in 2010 although aggregate enrolment grew by 9.9 per cent; as compared to 5.1 per cent increase in operational budget for the same period. The result is justified given that higher percentage of the new enrolments are often found in advanced levels of study (postgraduate courses) which cost less per unit of quantity – as there is less coursework involved. The finding sheds light on the nature of NHESP’s impact on national income and provides helpful inputs to future refinements of the national strategic plan.
format	Article
author	Khalid, Haniza
author_facet	Khalid, Haniza
author_sort	Khalid, Haniza
title	Higher education volume and value of output: experimental calculations for Malaysia
title_short	Higher education volume and value of output: experimental calculations for Malaysia
title_full	Higher education volume and value of output: experimental calculations for Malaysia
title_fullStr	Higher education volume and value of output: experimental calculations for Malaysia
title_full_unstemmed	Higher education volume and value of output: experimental calculations for Malaysia
title_sort	higher education volume and value of output: experimental calculations for malaysia
publisher	Educational Management, Planning & Policy, Faculty of Education, University of Malaya
publishDate	2016
url	http://irep.iium.edu.my/52122/ http://irep.iium.edu.my/52122/ http://irep.iium.edu.my/52122/1/MOJEM_Haniza.pdf
first_indexed	2023-09-18T21:13:54Z
last_indexed	2023-09-18T21:13:54Z
_version_	1777411434232152064

Higher education volume and value of output: experimental calculations for Malaysia

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