Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/153015 
Year of Publication: 
2006
Series/Report no.: 
ECB Working Paper No. 581
Publisher: 
European Central Bank (ECB), Frankfurt a. M.
Abstract: 
In this paper we analyse public sector efficiency in the new member states of the European Union compared to that in emerging markets. After a conceptual discussion of expenditure efficiency measurement issues, we compute efficiency scores and rankings by applying a range of measurement techniques. The study finds that expenditure efficiency across new EU member states is rather diverse especially as compared to the group of top performing emerging markets in Asia. Econometric analysis shows that higher income, civil service competence and education levels as well as the security of property rights seem to facilitate the prevention of inefficiencies in the public sector.
Subjects: 
DEA
Efficiency
emerging markets
Government expenditure
new EU member states
JEL: 
C14
H40
H50
Document Type: 
Working Paper

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