Investigation of Public Sector Efficiency within Selected European Regions

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Investigation of Public Sector Efficiency within Selected European Regions

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Title: Investigation of Public Sector Efficiency within Selected European Regions
Author: Valovská, Zlata
Abstract: It is evident that public sector is one of significant factors affecting an economic and social situation in particular countries (regions), and therefore the measuring of public sector efficiency has received a more attention in recent years. The current situation of the world economy requires a proper and efficient use of public resources. The measuring of public sector efficiency is difficult and an understanding current level of public sector efficiency is a prerequisite to understanding what saving might be possible in the future. There are several approaches that can be used to identify both efficient and inefficient activities in the public sector. The article is focused on investigating the public sector efficiency within selected European regions on the base of data from international databases (World Bank, Eurostat, WEO database) in the years of 1994-2009. From the methodological point of view, there are used several approaches for measuring a public sector efficiency of European regions including simple methods (public sector performance (PSP) and public sector efficiency (PSE)) and mathematical method such as Data Envelopment Analysis (DEA). The article outlines the existence of significant differences in the level of public sector efficiency within the selected European regions in time period.
URI: http://hdl.handle.net/10437/5367
Date: 2012


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