Showing 1 - 10 of 2,317
In this paper we seek a robust methodology to measure the relative public spending efficiency of 19 OECD countries over … into its separate accounts and we employ a semi-parametric method to obtain relative efficiency scores (for the separate …. Finally, we propose a technique to measure the allocative efficiency of public spending, in an effort to proxy the optimal …
Persistent link: https://www.econbiz.de/10015217727
This paper empirically examines the relationship between fiscal decentralization and public sector efficiency. A … country-level dataset is used to measure public sector efficiency in delivering education and health services and the new …, between 1970 and 2000. Irrespective of whether public sector efficiency concerns education or health services, an inverted U …
Persistent link: https://www.econbiz.de/10015230761
Pakistan has been pursuing an active albeit expansionary fiscal policy since 1970s. In the mid-1970s to early-1980s, such policy choice was manifested in externally financed development spending, primarily in the form of investment in public enterprises. Despite excessive deficit financing,...
Persistent link: https://www.econbiz.de/10015214310
budget users are responsible for monitoring their performance and efficiency. On this basis, we developed a theoretical … concept of connections between different levels of long-term goals, implementational goals as well as efficiency and …
Persistent link: https://www.econbiz.de/10015217034
This paper uses Japanese prefecture-level data for the years 1979 and 1996 to examine how the relationship between government size and life satisfaction changes. The major findings are: (1) Government size has a detrimental effect on life satisfaction when government size impedes economic growth...
Persistent link: https://www.econbiz.de/10015218623
This paper uses Japanese prefecture-level data for the years 1979 and 1996 to examine how the relationship between government size and life satisfaction changes. The major findings are: (1) Government size has a detrimental effect on life satisfaction when government size impedes economic growth...
Persistent link: https://www.econbiz.de/10015218947
The predictions that economic freedom is beneficial in reducing corruption have not been found to be universally robust in empirical studies. The present work reviews this relationship by using firms' data in a cross-country survey and argues that approaches using aggregated macro data have not...
Persistent link: https://www.econbiz.de/10015219131
In his influential study, Theil (1967) developed the notion of entropy on the basis of information theory. He then advocated the use of entropy-based measure for the analysis of income inequality. In this paper, the first of its kind, we apply Theil’s notion of entropy to public finances in...
Persistent link: https://www.econbiz.de/10015220576
This paper analyses whether large governments in Europe reflect efficient responses to a changing social and economic environment (‘welfare economic view’) as opposed to wasteful spending (‘public choice view’). To this end, the effect of government size on subjective well-being is...
Persistent link: https://www.econbiz.de/10015220747
The predictions that economic freedom is beneficial in reducing corruption have not been found to be universally robust in empirical studies. The present work reviews this relationship by using firms' data in a cross-country survey and argues that approaches using aggregated macro data have not...
Persistent link: https://www.econbiz.de/10015222164