Factors influencing on extra budgetary income of leading Russian universities: econometric analysis
Journal: Economic Consultant (Vol.30, No. 2)Publication Date: 2020-07-01
Authors : D. G. Sandler D. A. Gladyrev;
Page : 36-47
Keywords : university economics; higher education management; university strategy; university competitiveness; entrepreneurial universities; extrabudgetary revenues; scientometrics;
Abstract
This study is aimed to study the mechanisms that contribute to increasing the economic independence of universities, which in conditions of high dependence on-budget funding is exceptionally relevant in Russia. Even though the share of extra-budgetary revenues is growing at most Russian universities, this growth is heterogeneous and partly due to the “low base effect”. To determine the factors of economic independence of universities, we used data on the 49 largest universities in Russia over four years, taken from monitoring the effectiveness of higher educational institutions. The primary research method is regression analysis using panel data models. The analysis reveals that the share of extra-budgetary funds of the university is positively influenced by factors such as the number and quality of publications, the number of journals published by the university, and the ratio of employees to the regional average. These dependencies are important in the long-term comprehensive planning of university activities.
Other Latest Articles
- Structural and spatial priorities of socio-economic development and their implementation in the territory of the Rostov region (Russian Federation)
- Digital transformation of obtaining data for an express assessment of regional sustainable development
- Risks of managerial control at service enterprises
- THE COMPARISON BETWEEN ERROR-LESS LEARNING AND ERRORFUL LEARNING IN VIRTUAL REALITY ON POKÉMON THEME
- प्राचीन भारतीय ग्रन्थ में चित्रकला उल्लेख
Last modified: 2020-07-19 14:08:32