IDEAS home Printed from https://ideas.repec.org/a/igg/jsesd0/v5y2014i4p1-10.html
   My bibliography  Save this article

Public Spending Efficiency: The Missing Factor through Financial Crisis

Author

Listed:
  • George M. Korres

    (Department of Geography, University of the Aegean, Mytilene, Greece)

  • Aikaterini Kokkinou

    (Department of Geography, University of the Aegean, Mytilene, Greece)

Abstract

Public expenditure is efficient if its planning and policy objectives are achieved and inefficient if they are not. Efficiency is measured by an index of observed and desired performance and involves a comparison of actual performance with optimal performance located on the relevant frontier. Research is concerned with the identification of various ways that might depart from efficiency, the specification of an appropriate method of measuring inefficiency, and an exploration of the implications of each type of inefficiency, comprising a) academic interest, b) managerial decision making, and c) public policy relevance. This paper attempts to focus on defining efficient public expenditure performance, investigating the attainment of efficiency, and examining efficiency in public expenditure as a way to recover from the current financial crisis.

Suggested Citation

  • George M. Korres & Aikaterini Kokkinou, 2014. "Public Spending Efficiency: The Missing Factor through Financial Crisis," International Journal of Social Ecology and Sustainable Development (IJSESD), IGI Global, vol. 5(4), pages 1-10, October.
    • Handle: RePEc:igg:jsesd0:v:5:y:2014:i:4:p:1-10
    as

    Download full text from publisher

    File URL: http://services.igi-global.com/resolvedoi/resolve.aspx?doi=10.4018/ijsesd.2014100101
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:igg:jsesd0:v:5:y:2014:i:4:p:1-10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Journal Editor (email available below). General contact details of provider: https://www.igi-global.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.