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A Comparative Analysis of the Public Spending Efficiency of the New EU Member States: A DEA Approach.

Authors :
Baciu, Livia
Botezat, Alina
Source :
Emerging Markets Finance & Trade; Jul2014 Supplement, Vol. 50, p31-46, 16p, 4 Charts, 5 Graphs
Publication Year :
2014

Abstract

This paper provides an analysis of the performance and efficiency of the public sector in the European Union (EU). Using composite indicators and data envelopment analysis, we focus on the new EU member countries, which were involved over the past decade in the accession and integration process. Results of the analysis indicate that, unlike "old" EU members, which invested more in sectors such as education or health, countries in Central and Eastern Europe, the "new" EU member states, have directed public resources mainly toward the performance of the government sectors. However, greater efficiency has been achieved precisely in those areas where they have invested less. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
1540496X
Volume :
50
Database :
Complementary Index
Journal :
Emerging Markets Finance & Trade
Publication Type :
Academic Journal
Accession number :
99335231
Full Text :
https://doi.org/10.2753/REE1540-496X5004S402