Public sector efficiency
Monika Köppl-Turyna
Chapter 97 in Elgar Encyclopedia of Public Choice, 2025, pp 696-702 from Edward Elgar Publishing
Abstract:
This chapter discusses the importance of assessing public sector efficiency in order to maximize welfare and optimize investment projects. It touches upon the complexities of measuring efficiency, distinguishing between macro and micro approaches. It examines various empirical estimates and determinants of public sector efficiency, including factors such as fiscal decentralization, government size, regulatory quality, and political commitment. It highlights the methods used to estimate efficiency and the impact of various variables on efficiency levels.
Date: 2025
ISBN: 9781802207743
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