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Public sector efficiency: evidence for new EU member states and emerging markets
Afonso, António; Schuknecht, Ludger; Tanzi, Vito - 2006
In this paper we analyse public sector efficiency in the new member states of the European Union compared to that in … emerging markets. After a conceptual discussion of expenditure efficiency measurement issues, we compute efficiency scores and … rankings by applying a range of measurement techniques. The study finds that expenditure efficiency across new EU member states …
Persistent link: https://www.econbiz.de/10011604627
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Why Is the Public Sector More Labor-Intensive? : A Distortionary Tax Argument
Poutvaara, Panu; Wagener, Andreas - 2004
firms. A tax-favored treatment of public production precludes production efficiency. It reduces welfare when labor supply is …
Persistent link: https://www.econbiz.de/10010262155
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A Neo-Schumpeterian approach towards public sector economics
Hanusch, Horst; Pyka, Andreas; Wackermann, Florian - 2009
Innovation is the major driver of economic growth and development. To analyze innovation processes the restriction of a framework suited to the analysis of innovation towards the industrial sphere of an economy is not sufficient because of the important co-evolutionary dimensions of innovation....
Persistent link: https://www.econbiz.de/10010270414
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Why is the public sector more labor-intensive?
Poutvaara, Panu; Wagener, Andreas - 2004
unequal tax treatment of public and private sectors precludes production efficiency, it may improve welfare by mitigating the …
Persistent link: https://www.econbiz.de/10010261245
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Product market integration and income taxation: distortions and gains from trade
Andersen, Torben M.; Sørensen, Allan - 2007
It is widely perceived that globalization is a threat to tax financed public sector activities. The argument is that public activities (public consumption and transfers) financed by income taxes may distort labour markets and cause higher wages and thus a loss of competitiveness. If the...
Persistent link: https://www.econbiz.de/10010276754
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Macroeconomic effects of an energy saving policy in the public sector
Quirion, Philippe - 2002
Nearly all the macroeconomic literature on environmental policies deals with taxes and tradable permits. A policy instrument that still needs to be looked at is a switch in government expenditure away from environmentally-damaging goods, in particular fossil fuels, and toward resource- and...
Persistent link: https://www.econbiz.de/10011335682
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When inefficiency begets efficiency
Gersbach, Hans; Haller, Hans - 2003
inefficient household decisions on market performance is investigated. At one extreme, market efficiency can occur even when … market. At the other extreme, market efficiency is bound to fail, if household inefficiencies are solely caused by an …
Persistent link: https://www.econbiz.de/10010292768
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Policy Risk and the Business Cycle
Born, Benjamin; Peifer, Johannes - 2011
The argument that policy risk, i.e. uncertainty about monetary and fiscal policy, has been holding back the economic recovery in the U.S. during the Great Recession has a large popular appeal. We analyze the role of policy risk in explaining business cycle fluctuations by using an estimated New...
Persistent link: https://www.econbiz.de/10010293363
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The road less travelled: Oligopoly and competition policy in general equilibrium
Neary, J. Peter - 2002
I review previous approaches to modelling oligopoly in general equilibrium, and propose a new view which in principle overcomes their deficiencies: modelling firms as large in their own market but small in the economy as a whole. Implementing this approach requires a tractable specification of...
Persistent link: https://www.econbiz.de/10010293767
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A theory of migration as a response to occupational stigma
Stark, Oded; Fan, C.Simon - 2010
A theory is developed of labor migration that is prompted by a desire to avoid social humiliation. In a general …
Persistent link: https://www.econbiz.de/10010294009