In: Ekonomický časopis/Journal of Economics, vol. 56, no. 2
Mehmet Cahit Guran - Mustafa Umur Tosun
Details:
Year, pages: 2008, 182 - 211
Keywords:
public sector interventions, efficiency, Data Envelopment Analysis (DEA)
JEL Classification: C14, H50, O11
Article type: Vedecký / Article
About article:
In this study, our aim is to measure public sector efficiency and to evaluate the efficiency of public sector economic interventions. We use the rule of law & bureaucratic quality, allocation, economic stability, economic growth and in-come distribution as outputs; public expenditure and regulation as inputs. In the study, we compute public sector efficiency scores by using a non-parametric, relative efficiency measurement technique, Data Envelopment Analysis (DEA), for 51 counties between 1995 and 2000. The study finds that overall public sec-tor efficiency increases from 1995 to 2000 and there is a positive relationship between the efficiency of public sector and the level of economic development. Furthermore, we also find that a negative relationship between public sector intervention and the efficiency scores. Finally, it is found that the regulation tool is wasted in comparison with the expenditure tool.
In this study, our aim is to measure public sector efficiency and to evaluate the efficiency of public sector economic interventions. We use the rule of law & bureaucratic quality, allocation, economic stability, economic growth and in-come distribution as outputs; public expenditure and regulation as inputs. In the study, we compute public sector efficiency scores by using a non-parametric, relative efficiency measurement technique, Data Envelopment Analysis (DEA), for 51 counties between 1995 and 2000. The study finds that overall public sec-tor efficiency increases from 1995 to 2000 and there is a positive relationship between the efficiency of public sector and the level of economic development. Furthermore, we also find that a negative relationship between public sector intervention and the efficiency scores. Finally, it is found that the regulation tool is wasted in comparison with the expenditure tool.
How to cite:
ISO 690:
Guran, M., Tosun, M. 2008. A Cross-Country Analysis of Public Sector Interventions’ Efficiency. In Ekonomický časopis/Journal of Economics, vol. 56, no.2, pp. 182-211. 0013-3035.
APA:
Guran, M., Tosun, M. (2008). A Cross-Country Analysis of Public Sector Interventions’ Efficiency. Ekonomický časopis/Journal of Economics, 56(2), 182-211. 0013-3035.