Does public sector efficiency matter? Revisiting the relation between fiscal size and economic growth in a world sample
Does public sector efficiency matter? Revisiting the relation between fiscal size and economic growth in a world sample
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重新审视世界样本中的财政规模与经济增长之间的关系是否重要？
DOI：
10.1007/s11127-008-9324-8
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发表时间：
2008
期刊：
影响因子：
1.6
通讯作者：
E. Tsionas
中科院分区：
文献类型：
--
作者：
K. Angelopoulos;A. Philippopoulos;E. Tsionas
本文回顾了财政规模与经济增长之间的关系。我们的工作不同于经验增长文献，因为这种关系明确地依赖于公共部门的效率。我们使用了国家的样本，包括发达国家和发展中国家，在1980年至2000年的四个五年期间。以Afonso等人的工作为基础。(公共选择123：321-347,2005)，我们通过计算产出与投入比率，构建了每个国家和每个时间段的公共部门效率的衡量标准。此外，我们还利用随机前沿分析方法对52个国家从1995年到2000年的公共支出的技术效率进行了估计。使用这两个衡量标准，我们发现了财政规模和经济增长之间存在严重依赖于规模-效率组合的非单调关系的证据。
This paper revisits the relationship between fiscal size and economic growth. Our work differs from the empirical growth literature because this relationship depends explicitly on the efficiency of the public sector. We use a sample of 64 countries, both developed and developing, in four five-year time periods between 1980 and 2000. Building on the work of Afonso et al. (Public Choice 123:321–347, 2005), we construct a measure of public sector efficiency in each country and each time period by calculating an output-to-input ratio. In addition, we get an estimate of technical efficiency of public spending for 52 countries from 1995 to 2000 by employing a stochastic frontier analysis. Using these two measures, we find evidence of a non-monotonic relation between fiscal size and economic growth that depends critically on the size-efficiency mix.
影响因子：
4.1
作者：
Devarajan, S;Swaroop, V;Zou, HF
通讯作者：
Zou, HF