Search results for "public expenditure"
showing 10 items of 28 documents
The Tax Returns of Public Spending on Universities: An Estimate with Monte Carlo Simulations
2015
Pastor J. M. and Peraita C. The tax returns of public spending on universities: an estimate with Monte Carlo simulations, Regional Studies. This paper proposes a methodology based on counterfactual scenarios and the existence of uncertainty to estimate the tax returns of public spending of regional governments on their public universities. The introduction of differences in the time spent by the students at university and the proportion of the total public expenditure implies making assumptions about uncertainty. The paper applies Monte Carlo simulations incorporating stochastic elements to estimate the tax returns of public spending in the University of the Basque Country (Spain). The resu…
Causes of Public Expenditure Inefficiency and Proposals for Their Streamlining
2020
The public sector has continually developed, as new needs of the population have been identified and the expectations of the population regarding the quantity and the quality of the provided services have already been rising. Unlike private management, the public administration has not always been concerned with the way results have been achieved, but, particularly with the results themselves, and, as long as these have been satisfying for the population, the resources employed for obtaining the results were of no much concern. The public administration monopoly in the provision of some services has led to the possibility of generating imbalances between the quality of the provided services…
Visibility estimates of budgetary burden and benefit in European countries
2000
Intermediate territorial levels of government in Austria, Germany, Switzerland, and Spain are different regarding their basic institutions, devolved powers, revenue and public expenditure systems, public revenue equalization mechanisms, accountability, public performance management, and financial control bodies. In spite of the complexity derived from these different characteristics, this paper presents some indicators which permit the creation of time and space fiscal visibility measurements and comparisons. It also advances systematic estimates on visibility for intermediate subsystems of public revenue and expenditure now in force in these European countries. Policy implications seem str…
RECONSIDERING THE FUNDING SOURCES FOR THE HEALTH SYSTEM IN ROMANIA
2010
An optimal health system must ensure that all citizens have free access to medical services, and to determine the effective use of funds. We therefore reach the conclusion that the health financing system that best meets the optimal criteria is the public one. We believe that a system of public health funding should be based not only on contributions, but also on funding from the state budget; therefore it should combine the two public sources. If it were based solely on contributions, then the earnings should be volatile towards the economic cyclicality, and would not ensure the fiscal sustainability of the system. The private health financing system should be based on private insurances, …
How to pay for the war in times of imperfect commitment. Adam Smith and David Ricardo on the Sinking Fund
2014
AbstractThe paper proposes a comparative analysis of Smith's and Ricardo's views on the sinking fund. It shows that Smith and Ricardo agreed in stressing the ineffectiveness of the sinking fund as a policy instrument targeted at public debt repayment and tax-burden relief, pointing out that its actual workings had paradoxically helped to increase rather than reduce British total debt-load. Moreover, their explanation of the sinking fund paradox integrates a defective fiscal commitment technology with powerful politicians’ incentives to siphon off the money stored in the sinking fund to meet sudden increases of public expenditure whenever the occasion arose.
Les sources de la qualité de l'éducation : une nécessaire distinction du niveau économique des pays
2006
06036; L'objectif de ce travail est de tester l'existence d'une fonction de production éducative à partir de données issues des enquêtes internationales sur les acquis des élèves. Les résultats des estimations avec l'échantillon global d'une part, puis avec distinction selon le niveau économique des pays montrent des différences significatives quant aux relations entreinputs et outputs éducatifs. On constate qu'à mesure que le niveau économique des pays s'élève, l'impact des variables financières de l'éducation sur la performance aux tests diminue. Les relations diffèrent également avec la variable taille des classes. Ainsi, les incohérences trouvées dans les analyses antérieures en matière…
Predatory journals enter biomedical databases through public funding
2020
Predatory publishing is an international, cross disciplinary threat to the integrity of the scientific system • A worrying number of articles published in predatory journals are indexed in biomedical databases such as PubMed, the free access biomedical database maintained by the National Library of Medicine • Public funding, under open access policies, seems to be the mechanism by which articles are displayed in PubMed. • Providing guidance to publicly funded authors on how to publish their work in legitimate open-access venues will likely stop the wasteful use of public money to cover the fees of predatory journals.
Antecedents and consequences of market orientation in public organisations
2001
The aim of this article is to link research on market orientation in the field of marketing with the proposals of reform and modernisation made in the administrative and political field. Market orientation in business organisations is a highly topical issue, or even more, it is considered by someacademicians as the new marketing paradigm. Following these studies and their proposals of application in other sectors, a market orientation model is developed, from a public management perspective, in the setting of local governments through testing a set ofhypotheses about the construct and its antecedents and consequences. Antecedents explaining why some local governments are more market oriente…
The Analysis on the Cyclical Behaviour of Fiscal Policy in the EU Member States
2013
Abstract This paper deals with the topic of cyclicality of fiscal policy. The main purpose of this paper is to determine the cyclical behaviour of fiscal policy in the EU member states, using historical time series for all the European countries during the period between 1995- 2011. The results pointed out that the procyclical fiscal policies are a feature of developing countries and the countercyclical and acyclical fiscal policies are a feature of developed counties.
How Does the Public Spending Affect Technical Efficiency? Some Evidence from 15 European Countries
2019
The relationship between government size and economic growth has been widely debated. Departing from this issue, we provide an empirical analysis of the impact of government size on technical efficiency. The aim of this paper is to estimate by using a True Random Effect model the impact of public sector’s size and of public expenditure components on 15 European countries’ technical efficiency from 1996 to 2011. Using the total public expenditure as a proxy for the government size we estimate simultaneously national optimal production function and technical efficiency model by controlling for income distribution and institutional quality. Our main findings show that the effect of public sect…