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Public spending efficiency in the OECD: Benchmarking health care, education, and general administration

Dutu, Richard ; Sicari, Patrizio

Review of Economic Perspectives, 2020-09, Vol.20 (3), p.253-280 [Peer Reviewed Journal]

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Title:
Public spending efficiency in the OECD: Benchmarking health care, education, and general administration
Author: Dutu, Richard ; Sicari, Patrizio
Subjects: Administration ; Data envelopment analysis ; DEA ; education ; Efficiency ; H11 ; H51 ; H52 ; health care ; nonparametric ; Nonparametric statistics ; nonparametric,public spending ; public spending ; Quantitative Finance ; Socioeconomic factors
Is Part Of: Review of Economic Perspectives, 2020-09, Vol.20 (3), p.253-280
Description: In many OECD countries, changes in demography and health conditions are putting pressure on public finance. To prevent further expansion of government spending as a percentage of GDP, public spending efficiency will need to be raised. This paper uses data envelopment analysis (DEA) to assess the efficiency of welfare spending (normalized by the working-age population) in a sample of OECD countries around 2012, focussing on health care, secondary education, and general public services. The DEA model has a two input-one output structure, with at least one of the variables representing a composite indicator controlling for country-specific factors (socio-economic environment and lifestyle factors, for example). We find wide dispersion in efficiency measures across OECD countries and provide possible quantified improvements for both output and input efficiency.
Publisher: Warsaw: De Gruyter
Language: English;Czech

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