Government spending efficiency in Latin America

Detalhes bibliográficos
Autor(a) principal: Fraga, Gabriela Estefanía Baquero
Data de Publicação: 2022
Tipo de documento: Dissertação
Idioma: eng
Título da fonte: Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
Texto Completo: http://hdl.handle.net/10400.5/25880
Resumo: Mestrado Bolonha em Economia
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spelling Government spending efficiency in Latin AmericaPublic EfficiencyData Envelopment AnalysisProduction possibility frontiernon-parametric methodGovernment SpendingMestrado Bolonha em EconomiaThis dissertation analyses the public spending efficiency for 20 Latin American countries over the period 2000-2019. The main objective is to estimate efficiency scores per country by using the non-parametric method called Data Envelopment Analysis (DEA). DEA calculates efficiency scores based on the relationship between inputs and outputs. For the output measure, the Public Sector Performance composite indicator was calculated using annual panel data of socio-economic indicators. For the input measure was considered the Total Public Spending as percentage of GDP and by area, such as Public Spending on Health. At the end, a complete set of efficiency scores covering 20 countries between 2000 and 2019 was obtained. The results showed that public spending during the last 20 years increased but governments were not efficient. On the contrary, the scores reflect a large space for improvement during the period because values have worsened during the years. One of the findings is that during periods of global recessions governments of Latin America increased the spending but at the same time, their efficiency scores are worst. To have different perspectives three models were computed using DEA both input and output-oriented approaches. With the first model, the key conclusion is that on average governments could have used 27 percent less of spending to achieve the same levels of PSP, or the other way, governments could have increased their performance by 18 percent with the same level of spending. From model 2 the main result is that in health governments are far from being efficient, the average input efficiency score during the period is 40%, which means that 60% of the economic resources were not effective. Finally, model 3 focuses on Economic PSP, both input and output efficiency scores average around 60-80 percent. Interestingly results from model 3 also suggest that the most efficient countries, meaning located in the production efficiency frontier, were the ones with lowest levels of public spending among the 20 countries.Instituto Superior de Economia e GestãoAfonso, AntónioRepositório da Universidade de LisboaFraga, Gabriela Estefanía Baquero2022-11-02T10:22:51Z2022-102022-10-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.5/25880engFraga, Gabriela Estefanía Baquero (2022). “Government spending efficiency in Latin America”. Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestãoinfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:55:24Zoai:www.repository.utl.pt:10400.5/25880Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:09:37.218078Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse
dc.title.none.fl_str_mv Government spending efficiency in Latin America
title Government spending efficiency in Latin America
spellingShingle Government spending efficiency in Latin America
Fraga, Gabriela Estefanía Baquero
Public Efficiency
Data Envelopment Analysis
Production possibility frontier
non-parametric method
Government Spending
title_short Government spending efficiency in Latin America
title_full Government spending efficiency in Latin America
title_fullStr Government spending efficiency in Latin America
title_full_unstemmed Government spending efficiency in Latin America
title_sort Government spending efficiency in Latin America
author Fraga, Gabriela Estefanía Baquero
author_facet Fraga, Gabriela Estefanía Baquero
author_role author
dc.contributor.none.fl_str_mv Afonso, António
Repositório da Universidade de Lisboa
dc.contributor.author.fl_str_mv Fraga, Gabriela Estefanía Baquero
dc.subject.por.fl_str_mv Public Efficiency
Data Envelopment Analysis
Production possibility frontier
non-parametric method
Government Spending
topic Public Efficiency
Data Envelopment Analysis
Production possibility frontier
non-parametric method
Government Spending
description Mestrado Bolonha em Economia
publishDate 2022
dc.date.none.fl_str_mv 2022-11-02T10:22:51Z
2022-10
2022-10-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/masterThesis
format masterThesis
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.5/25880
url http://hdl.handle.net/10400.5/25880
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv Fraga, Gabriela Estefanía Baquero (2022). “Government spending efficiency in Latin America”. Dissertação de Mestrado. Universidade de Lisboa. Instituto Superior de Economia e Gestão
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv Instituto Superior de Economia e Gestão
publisher.none.fl_str_mv Instituto Superior de Economia e Gestão
dc.source.none.fl_str_mv reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)
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