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Социетальные Аспекты Эффективности Экономических Процессов
[Societal aspects of the effectiveness of economic processes]

Author

Listed:
  • Filippova, Irina

Abstract

Analysis of public production system efficiency has two aspects: assessment of the process of its functioning, and assessment of its effectiveness in terms of system's useful function (the extent of implementation). Traditionally we consider the efficiency of process as the ratio of result to costs, but this characterizes rather the way, but not the extent of implementation of this function. If irrigation system is designed to 100 hectares of cultivated areas, but actually it irrigates only 1 hectare, it is obvious that system effectiveness is insignificant even if the costs of its functioning are negligible.

Suggested Citation

  • Filippova, Irina, 2014. "Социетальные Аспекты Эффективности Экономических Процессов [Societal aspects of the effectiveness of economic processes]," MPRA Paper 54438, University Library of Munich, Germany, revised 2014.
    • Handle: RePEc:pra:mprapa:54438
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    More about this item

    Keywords

    public production; effectiveness; accrual; societal approach;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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