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A model for assessing the efficiency of government expenditure

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  • Bassam A. Albassam
  • Mariam Camarero

Abstract

It is challenging for governments to transfer public spending into successful public programs and projects. Additionally, good governance of the public financial system is essential for economic and human development. The author suggested a model to evaluate the efficiency of public spending using data from 71 countries during the period 1996–2017. The model addresses the ability of public allocations to reach government’s objectives (e.g., controlling unemployment and enhancing economic growth) in addition to including factors related to sustainable development. Thus, econometric and statistical tests are carried out to validate the model and to measure its stability and accuracy. Building on the current model, we could therefore apply the model to individual countries to better understand each country’s public spending system and to help decision makers efficiently execute their national strategic plans.

Suggested Citation

  • Bassam A. Albassam & Mariam Camarero, 2020. "A model for assessing the efficiency of government expenditure," Cogent Economics & Finance, Taylor & Francis Journals, vol. 8(1), pages 1823065-182, January.
    • Handle: RePEc:taf:oaefxx:v:8:y:2020:i:1:p:1823065
    DOI: 10.1080/23322039.2020.1823065
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    Cited by:

    1. Khairul Amri & Raja Masbar & B. S. Nazamuddin & Hasdi Aimon, 2024. "Does Unemployment Moderate the Effect of Government Expenditure on Poverty? A Cross-Provinces Data Evidence from Indonesia," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 92-113.
    2. Alanda Venter & Roula Inglesi-Lotz, 2021. "Does institutional quality affect electricity supply? A panel SUR estimation," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2021(2), pages 77-99.
    3. Pavel V. Stroev & Olga V. Pivovarova & Khasanbi V. Sheozhev & Anna I. Dudnik, 2023. "Regions with Low Financial Sustainability: Analysis and Enhancement of Development," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 1, pages 26-44, February.
    4. Mir Sadaat Baloch & Nadir Khan, 2022. "Improving the Public Sector Development Programme Allocations in the Clientelistic Environment of Balochistan: A Political Economy Analysis (Article)," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 61(2), pages 213-230.

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