This book employs the modern econometric approaches such as DEA, Malmquist Index and Tobit models to evaluate research effectiveness and productivity of research-oriented universities in China. On the basis of five-year longitudinal data of more than a hundred "Project 211" universities, this book illustrates the current status of the effectiveness and productivity of research-oriented universities , demonstrating regional differences, exploring dynamic changes and identifying underlying factors. Any researcher or policymaker who cares about the recent development in Chinese higher education in the 21st century will benefit from our in-depth analyses.

• "How to provide adequate and equal funds to meet the increasing demand of higher education" is of great interest to scholars and policymakers both from China and abroad • The basic methods in forecasting higher education finance can be used in similar analysis in other countries • Covers teaching grant and research grant in higher education finance, and the idea of setting non-competitive search grant from teachers is novel in many ways • Researches Chinese higher education's recent development from a financial perspective

* "How to provide adequate and equal funds to meet the increasing demand of higher education" is of great interest to scholars and policymakers both from China and abroad * The basic methods in forecasting higher education finance can be used in similar analysis in other countries * Covers teaching grant and research grant in higher education finance, and the idea of setting non-competitive search grant from teachers is novel in many ways * Researches Chinese higher education's recent development from a financial perspective

This book employs the modern econometric approaches such as DEA, Malmquist Index and Tobit models to evaluate research effectiveness and productivity of research-oriented universities in China. On the basis of five-year longitudinal data of more than a hundred "Project 211" universities, this book illustrates the current status of the effectiveness and productivity of research-oriented universities , demonstrating regional differences, exploring dynamic changes and identifying underlying factors. Any researcher or policymaker who cares about the recent development in Chinese higher education in the 21st century will benefit from our in-depth analyses.