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020 ▼z 9781475505306
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1001 ▼a Grigoli, Francesco, ▼e author.
24510 ▼a Quality of government and living standards : ▼b adjusting for the efficiency of public spending/ ▼c prepared by Franceso Grigoli and Eduardo Ley.
264 1 ▼a [Place of publication not identified] : ▼b International Monetary Fund, ▼c 2012.
300 ▼a 1 online resource: ▼b illustrations.
336 ▼a text ▼b txt ▼2 rdacontent
337 ▼a computer ▼b c ▼2 rdamedia
338 ▼a online resource ▼b cr ▼2 rdacarrier
347 ▼a data file ▼2 rda
4901 ▼a IMF working paper; ▼v WP/12/182
504 ▼a Includes bibliographical references.
5050 ▼a 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.
520 ▼a 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.
5880 ▼a Vendor-supplied metadata.
590 ▼a eBooks on EBSCOhost ▼b All EBSCO eBooks
650 0 ▼a Economic development.
650 0 ▼a Cost and standard of living.
650 0 ▼a Gross domestic product ▼x Econometric models.
650 0 ▼a National income.
650 0 ▼a Government productivity.
650 7 ▼a BUSINESS & ECONOMICS ▼x Industries ▼x General. ▼2 bisacsh
650 7 ▼a Cost and standard of living. ▼2 fast ▼0 (OCoLC)fst00880673
650 7 ▼a Economic development. ▼2 fast ▼0 (OCoLC)fst00901785
650 7 ▼a Government productivity. ▼2 fast ▼0 (OCoLC)fst00945463
650 7 ▼a Gross domestic product ▼x Econometric models. ▼2 fast ▼0 (OCoLC)fst00948092
650 7 ▼a National income. ▼2 fast ▼0 (OCoLC)fst01033577
655 4 ▼a Electronic books.
7001 ▼a Ley, Eduardo, ▼e author,
7102 ▼a International Monetary Fund. ▼b Fiscal Affairs Department.
77608 ▼i Print version: ▼a Grigoli, Francesco. ▼t Quality of Government and Living Standards: Adjusting for the Efficiency of Public Spending. ▼d Washington : International Monetary Fund, ?012 ▼z 9781475505306
830 0 ▼a IMF working paper ; ▼v WP/12/182.
85640 ▼u http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=568183
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