Arbeitspapier
Income distribution determinants and public spending efficiency
In this paper we examine the impact of public spending, education, and institutions on income distribution in advanced economies. We also assess the efficiency of public spending in redistributing income by using a DEA (Data Envelopment Analysis) nonparametric approach. We find that public policies significantly affect income distribution, notably via social spending, and indirectly via high quality education/human capital and via sound economic institutions. Moreover, for our set of OECD countries, and within a two-step approach, several so-called non-discretionary factors help explaining public social spending inefficiencies.
- Sprache
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Englisch
- Erschienen in
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Series: ECB Working Paper ; No. 861
Semiparametric and Nonparametric Methods: General
Publicly Provided Goods: General
National Government Expenditures and Related Policies: General
Efficiency
income redistribution
public spending
Einkommensverteilung
Umverteilung
Öffentliche Ausgaben
Bildungsinvestition
Institutionelle Infrastruktur
Data-Envelopment-Analyse
OECD-Staaten
Schuknecht, Ludger
Tanzi, Vito
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:25 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Afonso, António
- Schuknecht, Ludger
- Tanzi, Vito
- European Central Bank (ECB)
Entstanden
- 2008