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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
In many OECD countries, changes in demography and health conditions are putting pressure on public finance. To prevent further expansion of government spending as a percentage of GDP, public spending efficiency will need to be raised. This paper uses data envelopment analysis (DEA) to assess the...
Persistent link: https://www.econbiz.de/10012316823
After years of stagnation and political cataclysms, Georgia tried to recover by launching radical economic and political reforms starting in 2004. The results of the reforms appeared to be impressive. The country's GDP has more than doubled; the total volume of bank deposits is five times what it...
Persistent link: https://www.econbiz.de/10009302741
After years of stagnation and political cataclysms, Georgia tried to recover by launching radical economic and political reforms starting in 2004. The results of the reforms appeared to be impressive. The country's GDP has more than doubled; the total volume of bank deposits is five times what it...
Persistent link: https://www.econbiz.de/10013122109
The report analyzes the impact of the global financial crisis on public services delivery in education and healthcare. The analysis has been undertaken from the macro-perspective. Pre-crisis and crisis economic developments are outlined and fiscal accounts developments are presented. The...
Persistent link: https://www.econbiz.de/10009302727
The report analyzes the impact of the global financial crisis on public services delivery in education and healthcare. The analysis has been undertaken from the macro-perspective. Pre-crisis and crisis economic developments are outlined and fiscal accounts developments are presented. The...
Persistent link: https://www.econbiz.de/10013121710
This paper assesses the efficiency of government expenditure on education and health in 38 countries in Africa in 1984-95, both in relation to each other and compared with countries in Asia and the Western Hemisphere. The results show that, on average, countries in Africa are less efficient than...
Persistent link: https://www.econbiz.de/10012782122
Public expenditure in Portugal has been growing in recent years and approached values close to the EU average. Social expenditure, namely with health and education, increased in relative terms. Also, recent growth in public employment resulted greatly from new hirings in these two sectors....
Persistent link: https://www.econbiz.de/10014073315
After years of stagnation and political cataclysms, Georgia tried to recover by launching radical economic and political reforms starting in 2004. The results of the reforms appeared to be impressive. The country's GDP has more than doubled; the total volume of bank deposits is five times what it...
Persistent link: https://www.econbiz.de/10010326598