With limited financing options, increasing investment efficiency will be a critical avenue to building infrastructure … costs and other pressures. Estimating investment efficiency, however, presents many methodological pitfalls. Using various … methods--stochastic frontier analysis, data envelopment analysis (DEA), and bootstrapped DEA-this paper estimates efficiency …

Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the …

efficiency, equity, and administrative and compliance costs. This paper analyzes tax expenditures in Italy, considering the …

This paper explores the impact of fiscal decentralization on the efficiency of public service delivery. It uses a … stochastic frontier method to estimate time-varying efficiency coefficients and analyzes the impact of fiscal decentralization on … those efficiency coefficients. The findings indicate that fiscal decentralization can improve the efficiency of public …

We compile the first large cross-country panel dataset of public sector performance and efficiency, encompassing 114 … lower efficiency in the respective sector. Moreover, we find that richer countries exhibit better public …

How could the GovTech improve budget processes and execution efficiency? Could the GovTech strengthen redistributive … by a dedicated GovTech institution emerges as a critical factor for reaping both efficiency and equity gains from GovTech …

calculate a score for operational expense efficiency based on a stochastic frontier analysis. In addition, we offer potential … explanations for the observed variations in efficiency levels across central banks. Our analysis reveals significant heterogeneity … across countries and income groups. Central banks with a single objective demonstrate higher efficiency compared with those …

the tax base. Considering only efficiency, land value should thus be fully taxed. Using optimal taxation theory with …

is explained more by a decline in productivity rather than a lack of investment. Second, tourism has been a significant … contributor to higher growth (through both capital accumulation and productivity) and lower output volatility, and in man …