 Global public spending efficiency in Tuscan municipalitiesLaura Carosi, Giovanna D'Inverno and Letizia Ravagli Discussion Papers from Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy Abstract: The aim of this paper is the study of Tuscan municipalities public expenditure efficiency, with particular attention on the effect of the municipal size, through a DEA analysis. In line with the existing literature, the study includes a second stage analysis to explain municipal inefficiencies through a Tobit regression. The results obtained through the DEA analysis and explained by the Tobit regression appear consistent and could represent a sound suggestion to correct the expenditure of the inefficient municipalities. The new evidences related to the efficiency analysis of local government described in the paper provide an important contribution to the current debate, being this the first study carried out on Tuscan municipalities and introducing a new indicator for the computation of the efficiency scores which offer a new way of procedure. Moreover, the study addresses the long debated issue on municipal size proving that the municipal size really affects the efficiency of the public expenditure (i.e. the bigger is a municipality, the greater is its level of public spending efficiency). Keywords: Spending efficiency; Municipalities; Data Envelopment Analysis; Tobit regression. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pie:dsedps:2014/175 Access Statistics for this paper More papers in Discussion Papers from Dipartimento di Economia e Management (DEM), University of Pisa, Pisa, Italy Contact information at EDIRC. |
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