This paper first discusses the notion of economic performance as applied to public enterprises and argues that productive efficiency is an attractive approach to performance measurement for such firms. It then presents an empirical efficiency study of postal services which is aimed at comparing...

The purpose of this study based on the econometric estimation of deterministic frontier production functions is to examine and to compare for the period 1977-1983, 14 sectors of the Belgian manufacturing industry from a sample of a thousand firms. We are especially interested in breaking down...

This paper provides a short survey of the theoretical discussion on the equivalence between taxation and debt financing of public expenditures. It stresses that the key assumption in this debate concerns the behaviour of individuals towards their economic environment and public policy. Then, it...