Which estimator to measure local governments' cost efficiency? The case of Spanish municipalities
Narbón Perpiñá, Isabel (Universitat Autònoma de Barcelona)
Balaguer, Teresa (Universitat Jaume I)
Petrović, Marko (Universitat Jaume I)
Tortosa-Ausina, Emili (Universitat Jaume I)

Data:	2019
Resum:	We analyse overall cost efficiency in Spanish local governments during the crisis period (2008-2015). To this end, we first consider some of the most popular nonparametric methods to evaluate local government efficiency, data envelopment analysis and free disposal hull, as well as recent proposals, namely the order-m partial frontier and the nonparametric estimator proposed by Kneip et al. (Econom Theory 24(6):1663-1697, 2008). Second, to compare the four methods and choose the most appropriate one for our particular context and dataset (local government cost efficiency in Spain), we carry out an experiment via Monte Carlo simulations and discuss the relative performance of the efficiency scores under various scenarios. Our results suggest that there is no one approach suitable for all efficiency analysis. We find that for our sample of 1846 Spanish local governments, the average cost efficiency would have been between 0. 5417 and 0. 7543 during the period 2008-2015, suggesting that Spanish local governments could have achieved the same level of local outputs with about 25% and 46% fewer resources.
Ajuts:	Ministerio de Economía y Competitividad ECO2017-88241-R Ministerio de Economía y Competitividad ECO2017-85746-P
Nota:	Altres ajuts: Universitat Jaume I B2017-33 i B2017-14 ; Generalitat Valenciana PROMETEO/2018/102
Drets:	Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.
Llengua:	Anglès
Document:	Article ; recerca ; Versió publicada
Matèria:	Efficiency ; Local government ; Monte Carlo simulations ; Nonparametric frontiers
Publicat a:	SERIEs, 2019 , ISSN 1869-4187

Adreça alternativa: https://link.springer.com/article/10.1007/s13209-019-0194-8#copyrightInformation
DOI: 10.1007/s13209-019-0194-8

32 p, 847.1 KB

El registre apareix a les col·leccions:
Articles > Articles de recerca
Articles > Articles publicats