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This paper addresses an important methodological issue concerning the construction of a composite indicator, and in particular composite indicators of national competitiveness; these indicators often serve as a benchmark for policymakers and others to judge the relative success of their country....
Persistent link: https://www.econbiz.de/10005068623
The present paper explores sources of technical (in)efficiency of Flemish municipalities in their production of local public goods (in the year 2000). In assessing inefficiency derivation, we focus on socio-economic and political characteristics of the municipalities as potential source. Our...
Persistent link: https://www.econbiz.de/10010306975
Economic efficiency – understood in terms of jurisdictions providing a maximum amount of output for a given level of inputs – is one potential means to evaluate public policies. Various approaches, however, co-exist to measure the (technical) efficiency of organizations. Given that these...
Persistent link: https://www.econbiz.de/10010307694
The sharp widening of yield spreads among EMU sovereign bonds in the course of the economic crisis and concerns that some EMU member countries would encounter difficulties in rolling their existing debt and funding new budget deficits have revived proposals for a common bond issuance by EMU...
Persistent link: https://www.econbiz.de/10010289105
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Economic efficiency – understood in terms of jurisdictions providing a maximum amount of output for a given level of inputs – is one potential means to evaluate public policies. Various approaches, however, co-exist to measure the (technical) efficiency of organizations. Given that these...
Persistent link: https://www.econbiz.de/10009397095