Document Type

Article

Publication Date

2023

Journal Title

Public Management Review

DOI

https://doi.org/10.1080/14719037.2023.2174588

Version

Post-print: the version of the article having undergone peer review but prior to being published

Creative Commons License

Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License
This work is licensed under a CC BY-NC-ND License.

Disciplines

Business

Abstract

This study investigates the application of the three-dimensional New Public Management (NPM) framework to the public higher education setting to examine the relationship between one of the NPM dimensions, privatization, and cost management at 159 public research institutions in the United States between 2005 and 2015. We develop four statistical measures to quantify privatization and find privatization is linked to lower costs as institutions increase the share of revenue from auxiliary enterprises and tuition and fees, but higher costs when increasing out-of- state first-year enrollment. This raises management questions about public higher education cost efficiency, access and DEI for in-state students.

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Business Commons

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