Based on the construction of two indicators to assess the relative effectiveness and efficiency of European welfare policies, we show that the variability of efficiency cannot be explained only by the amount of resources devoted to social policies but also by the institutional environment. The OLS regression shows that institutional variables- such as accountability and honesty of public officials- have high significant effects on the efficiency.
Efficient social policies with higher expenditure: an analysis for European countries / Antonelli, MARIA ALESSANDRA; DE BONIS, Valeria. - ELETTRONICO. - (2018), pp. 1-12. - PUBLIC FINANCE RESEARCH PAPERS.
Efficient social policies with higher expenditure: an analysis for European countries
Antonelli Maria Alessandra;De Bonis Valeria
2018
Abstract
Based on the construction of two indicators to assess the relative effectiveness and efficiency of European welfare policies, we show that the variability of efficiency cannot be explained only by the amount of resources devoted to social policies but also by the institutional environment. The OLS regression shows that institutional variables- such as accountability and honesty of public officials- have high significant effects on the efficiency.File | Dimensione | Formato | |
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