Income distribution determinants and public spending efficiency

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: ECB Working Paper ; No. 861

Classification and Topics

• Classification: Wirtschaft ; Semiparametric and Nonparametric Methods: General ; Publicly Provided Goods: General ; National Government Expenditures and Related Policies: General
• Subject: DEA ; Efficiency ; income redistribution ; public spending ; Einkommensverteilung ; Umverteilung ; Öffentliche Ausgaben ; Bildungsinvestition ; Institutionelle Infrastruktur ; Data-Envelopment-Analyse ; OECD-Staaten

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Afonso, António ; Schuknecht, Ludger ; Tanzi, Vito
• Event: Veröffentlichung
• (who): European Central Bank (ECB)
• (where): Frankfurt a. M.
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/153295
• Last update: 10.03.2025, 11:42 AM CET