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

public investment efficiency, it uses model simulations to assess the macroeconomic implications of raising public investment … and improving public investment efficiency. The main results are as follows: (i) increasing public infrastructure … investment results in sustained gains in output; (ii) the effects of improving public investment efficiency are substantial; and …

to improve spending efficiency and contain future spending pressures. The analysis benchmarks spending in Lithuania …

This paper studies the effect of public sector efficiency on firm productivity using data from more than 400,000 firms … across Italy's provinces. Exploiting the large heterogeneity in the efficiency of the public sector across Italian provinces … significantly reduces the labor productivity of private sector firms. The results suggest that raising public sector efficiency …

potential gains-in terms of freeing up resources and delivering better health outcomes-from improving health spending efficiency …? How has efficiency evolved over the past decade? What can policymakers do to boost it? This paper estimates health … spending efficiency across countries using bias-corrected data envelopment analysis and finds sizable differences in efficiency …

This paper estimates public sector service efficiency in England at the sub-regional level, studying changes post … to data availability), efficiency broadly improved across sectors, particularly in education. However, quality …-regions with the weakest initial levels of efficiency converged the most post crisis. These sub-regional changes in public sector …