Abstract
The study investigates the efficiency and productivity in Greek public universities. It measures efficiency and productivity during 2005-2009, by using input-oriented data envelopment analysis and Malmquist analysis. The results of empirical analysis indicate that a number of universities operate inefficiently, that causes a significant waste of resources. The efficiency under constant returns to scale vary in interval [0.320-1.000] and under variable returns to scale in interval [0.581-1.000], with average efficiency score being 0.834 and 0.899 respectively. These reveal that universities could produce on average the same quantity of outputs with 16.6% or 10.1% less quantity of inputs. The scale efficiency varies in the interval [0.482-1.000] and the mean is 0.921. The findings suggest that universities on average refrain 7.9% from the optimal scale. The total factor productivity has risen by an annual average of 2.9% relatively to the base year 2005. The results provide 'tools' improving universities performance.
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