Quality of Government and Living Standards : Adjusting for the Efficiency of Public Spending /

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 activit...

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Dettagli Bibliografici
Autore principale: Grigoli, Francesco
Altri autori: Ley, Eduardo
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2012.
Serie:IMF Working Papers; Working Paper ; No. 2012/182
Accesso online:Full text available on IMF