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Quality of government and living standards : adjusting for the efficiency of public spending
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| 자료유형 | 단행본 |
|---|---|
| 서명/저자사항 | Quality of government and living standards : adjusting for the efficiency of public spending/ prepared by Franceso Grigoli and Eduardo Ley. |
| 개인저자 | Grigoli, Francesco,author. Ley, Eduardo,author, |
| 단체저자명 | International Monetary Fund. Fiscal Affairs Department. |
| 형태사항 | 1 online resource: illustrations. |
| 총서사항 | IMF working paper;WP/12/182 |
| 기타형태 저록 | Print version: Grigoli, Francesco. Quality of Government and Living Standards: Adjusting for the Efficiency of Public Spending. Washington : International Monetary Fund, ?012 9781475505306 |
| ISBN | 9781475514308 1475514301 9781475523492 1475523491 |
| 서지주기 | Includes bibliographical references. |
| 내용주기 | Cover; Abstract; Contents; I. Introduction; II. Measuring Living Standards; III. Corrected GDP; Tables; 1. GDP Losses Associated with Wasted Public Resources; Figures; 1. GDP Loss Due to Health and Education Waste vs. Per Capita GDP; 2. GDP Loss Due to Health Waste vs. Per Capita GDP; 3. Technical Efficiency Scores, per Capita GDP, and Total Loss; 4. Technical Efficiency Scores, WGI's Government Effectiveness, GDP Loss Due to Health Waste, and Per Capita GDP; IV. Concluding Remarks; References. |
| 요약 | It is generally acknowledged that the government's output is difficult to define and its value is hard to measure. The practical solution, adopted by national accounts systems, is to equate output to input costs. However, several studies estimate significant inefficiencies in government activities (i.e., same output could be achieved with less inputs), implying that inputs are not a good approximation for outputs. If taken seriously, the next logical step is to purge from GDP the fraction of government inputs that is wasted. As differences in the quality of the public sector have a direct impa. |
| 일반주제명 | Economic development. Cost and standard of living. Gross domestic product --Econometric models. National income. Government productivity. BUSINESS & ECONOMICS --Industries --General. Cost and standard of living. Economic development. Government productivity. Gross domestic product --Econometric models. National income. |
| 언어 | 영어 |
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