Public Sector Efficiency: An International Comparison

Topics:
Efficiency
Tags:
European Central Bank,
Indicator,
Public Sector
Source:
European Central Bank

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Overview: This paper computes Public Sector Performance (PSP) and Efficiency (PSE) indicators, comprising a composite and seven sub-indicators, for 23 industrialised countries. The first four sub-indicators are "Opportunity" indicators that take into account administrative, education and health outcomes and the quality of public infrastructure and that support the rule of law and a level playing-field in a market economy. Three other indicators reflect the standard "Musgravian" tasks for government: allocation, distribution, and stabilisation. The input and output efficiency of public sectors across countries is then measured via a non-parametric production frontier technique.

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Format: PDF | Size: 402KB | Date: Jul 2003 | Pages: 38


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