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Efficiency, Effectiveness and Performance of the Public Sector

Author

Listed:
  • Mihaiu, Diana Marieta

    (Lucian Blaga University of Sibiu)

  • Opreana, Alin

    (Lucian Blaga University of Sibiu)

  • Cristescu, Marian Pompiliu

    (Lucian Blaga University of Sibiu)

Abstract

The current economic situation determined by the effects of the crisis is causing the governments of the countries worldwide to streamline their processes in terms of collecting revenue from the state budget and then redistributing it on the principle of performance and economic efficiency. In this sense the comparative analysis of the efficiency in the public and private sector is the starting point for studying the role of efficiency, effectiveness and performance regarding the economic governance of resources utilization by the public management for achieving medium and long-term objectives of economic recovery and sustainable development of national economies. Public sector performance score for UE countries (PSPUE), which represents the objective of the current work, aims to quantify and present the real situation in terms of public sector performance.

Suggested Citation

  • Mihaiu, Diana Marieta & Opreana, Alin & Cristescu, Marian Pompiliu, 2010. "Efficiency, Effectiveness and Performance of the Public Sector," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 132-147, December.
  • Handle: RePEc:rjr:romjef:v::y:2010:i:4:p:132-147
    as

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    References listed on IDEAS

    as
    1. Ulrike Mandl & Adriaan Dierx & Fabienne Ilzkovitz, 2008. "The effectiveness and efficiency of public spending," European Economy - Economic Papers 2008 - 2015 301, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    2. Alina Profiroiu & Marius Profiroiu, 2007. "Analysis of Public Sector Performances," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 1(1(506)), pages 41-50, January.
    3. Antonio Afonso & Ludger Schuknecht & Vito Tanzi, 2010. "Public sector efficiency: evidence for new EU member states and emerging markets," Applied Economics, Taylor & Francis Journals, vol. 42(17), pages 2147-2164.
    4. António Afonso & Ludger Schuknecht & Vito Tanzi, 2005. "Public sector efficiency: An international comparison," Public Choice, Springer, vol. 123(3), pages 321-347, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    public expenditure; efficiency; input; output; outcomes;
    All these keywords.

    JEL classification:

    • H0 - Public Economics - - General
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading

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