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We address the efficiency of expenditure in education and health sectors for a sample of OECD countries by applying two alternative non-parametric methodologies: FDH and DEA. Those are two areas where public expenditure is of great importance so that findings have strong implications in what...
Persistent link: https://www.econbiz.de/10014073536
We address the efficiency in education and health sectors for a sample of OECD countries by applying two alternative non-parametric methodologies: FDH and DEA. Those are two areas where public expenditure is of great importance so that findings have strong implications in what concerns public...
Persistent link: https://www.econbiz.de/10014065754
Efficiency of education and health provision in a sample of OECD countries is assessed by means of two alternative non-parametric methodologies: FDH and DEA. The efficiency frontier is estimated using both measures of expenditure and quantity inputs, as a country may well be efficient from a...
Persistent link: https://www.econbiz.de/10013109499
period 1970-2007, for different EU and OECD country groupings. We use the panel-data approach of Kónya (2006), which is based … effective real exchange rate in the SUR system does not substantially alter the results. -- Panel causality tests ; budget …
Persistent link: https://www.econbiz.de/10003818006
productivity shocks and (ii) a mildly counter-cyclical behaviour with fiscal spending shocks. We also use a Panel Vector Auto …-up ; VAR ; Panel VAR …
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mitigate economic downturns in the short run and whether such impact differs in crisis and non crisis times. We use panel … ; panel analysis …
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