Public expenditure efficiency and the optimal size of government in European union (CROSBI ID 660668)
Prilog sa skupa u zborniku | izvorni znanstveni rad | međunarodna recenzija
Podaci o odgovornosti
Buljan, Antonija ; Šimović, Hrvoje ; Deskar- Škrbić, Milan
engleski
Public expenditure efficiency and the optimal size of government in European union
This paper investigates public expenditure efficiency and its relation to the optimal size of government. It gives an insight into methods developed for estimating efficiency and possible constraints of the analysis. Literature review of related papers covering European Union and OECD countries shows significant differences in efficiency coefficients across countries with most countries having the potential for increased efficiency of public spending. Specifically, there is large space for reduction of government size by raising the efficiency. The literature includes the aggregate expenditure efficiency analysis and efficiency analysis of its main components. More disaggregated analysis of individual public functions seems to be more adequate to capture the efficiency and determine the main drivers of inefficiency and draw policy implications. In that respect, the paper gives an insight into the structure of government expenditure by function across EU countries and its changes over the period 2002- 2015. Differences in tradition and priorities in financing public goods and services can be noted between countries. Due to high sensitivity of non-parametric methods to data heterogeneity, this should be taken into account when selecting the sample for the analysis.
government expenditure efficiency, optimal size of government, functional classification
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Podaci o prilogu
29-43.
2017.
objavljeno
Podaci o matičnoj publikaciji
Proceedings of the 11th International Conference European Entrepreneurship Forum 2017 Eurozone: Evolution or Revolution?
Podaci o skupu
11th International Conference European Entrepreneurship Forum 2017 Eurozone: Evolution or Revolution?
predavanje
03.11.2017-03.11.2017
Prag, Češka Republika