Formula Funding of Public Services: An Economic Analysis

Formula Funding of Public Services: An Economic Analysis
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公共服务的公式资助:经济分析

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发表时间:
2003
期刊:
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通讯作者:
Peter C. Smith
Peter C. Smith
中科院分区:
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文献类型:
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作者:
Peter C. Smith

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本文讨论了使用机械公式分配资金下放公共服务的经济含义。使用这些方法的理由是,它们将有助于提高公共服务的效率和公平性。通过在复杂的谈判局势中充当仲裁者,他们也为重要的政治目标服务。公式筹资的原则是从经济的角度进行审查,使用生产函数的方法。公式供资除了产生重大利益外,还有可能引入不正当的激励和规避风险的行为,特别是在学校和全科诊所等较小的单位中。避免不利结果的战略进行了讨论,并在更广泛的政治背景下,公式融资运作进行审查。本文件最后评估了今后公式供资发展的优先事项。版权所有2003年,牛津大学出版社。
This paper discusses the economic implications of distributing funds for devolved public services using mechanical formulae. The rationale for using such methods is that they will contribute to the increased efficiency and equity of public services. By acting as arbiters in complex bargaining situations, they also serve important political objectives. The principles of formula funding are examined from an economic perspective, using a production-function approach. As well as yielding major benefits, formula funding has the potential for introducing perverse incentives and risk-avoidance behaviour, particularly among smaller units such as schools and general practices. Strategies for avoiding adverse outcomes are discussed, and the broader political context within which formula funding operates is examined. The paper ends with an assessment of the priorities for future developments in formula funding. Copyright 2003, Oxford University Press.