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Chosen Central European Countries Compared in Measuring Efficiency of General Government Expenditures

In: Eurasian Business and Economics Perspectives

Author

Listed:
  • Petr Makovský

    (Czech Technical University Prague)

  • František Hřebík

    (Czech Technical University Prague)

Abstract

The primary objective is to compare the efficiency of general government expenditures in the data sample of the chosen Central European countries. This analysis would be useful in the evaluation of the European Union Presidency expanses planned to be made in the second half of the year 2022 by the Czech government. The final decision of the Czech government will be made on the analysis of the data sample of chosen Central European countries. Motivation is due to a research gap in comparison of the Presidency that has been held so far. It is not clear which activities and costs are necessary and which are done only to increase the reputation of a particular country. Methodologically, we used a comparison based on the macroeconomic analysis approach on the data sample of the selected countries’ secondary data from the particular national accounts system. In general, government expenditure information is obtained from this system. The less known alternative information system is the general government part of the National Account System, harmonized according to the European System of Accounts (ESA 2010).

Suggested Citation

  • Petr Makovský & František Hřebík, 2023. "Chosen Central European Countries Compared in Measuring Efficiency of General Government Expenditures," Eurasian Studies in Business and Economics, in: Mehmet Hüseyin Bilgin & Hakan Danis & Ender Demir & Leszek Wincenciak & S. Tolga Er (ed.), Eurasian Business and Economics Perspectives, pages 313-327, Springer.
    • Handle: RePEc:spr:eurchp:978-3-031-36286-6_19
    DOI: 10.1007/978-3-031-36286-6_19
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