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

Autor: Livia Baciu, Alina Botezat
Rok vydání: 2014
Předmět:
Zdroj: Emerging Markets Finance and Trade. 50:31-46
ISSN: 1558-0938
1540-496X
DOI: 10.2753/ree1540-496x5004s402
Popis: 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.
Databáze: OpenAIRE