Public sector efficiency: evidence for new EU member states and emerging markets
Ludger Schuknecht,
Vito Tanzi and
Antonio Afonso
No 581, Working Paper Series from European Central Bank
Abstract:
In this paper we analyse public sector efficiency in the new member states of the European Union compared to that in emerging markets. After a conceptual discussion of expenditure efficiency measurement issues, we compute efficiency scores and rankings by applying a range of measurement techniques. The study finds that expenditure efficiency across new EU member states is rather diverse especially as compared to the group of top performing emerging markets in Asia. Econometric analysis shows that higher income, civil service competence and education levels as well as the security of property rights seem to facilitate the prevention of inefficiencies in the public sector. JEL Classification: C14, H40, H50
Keywords: DEA; efficiency; emerging markets; government expenditure; new EU member states (search for similar items in EconPapers)
Date: 2006-01
Note: 175489
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Citations: View citations in EconPapers (109)
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Related works:
Journal Article: Public sector efficiency: evidence for new EU member states and emerging markets (2010)
Working Paper: Public Sector Efficiency: Evidence for New EU Member States and Emerging Markets (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:ecb:ecbwps:2006581
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