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Please use this identifier to cite or link to this item: http://hdl.handle.net/10400.5/2140

Title: Income distribution determinants and public spending efficiency
Authors: Afonso, António
Schuknecht, Ludger
Tanzi, Vito
Keywords: income redistribution
public spending
efficiency
Issue Date: Jan-2008
Publisher: European Central Bank
Citation: Afonso, António, Ludger Schuknecht e Vito Tanzi. 2008. "Income distribution determinants and public spending efficiency". European Central Bank working paper series nº 861-2008
Series/Report no.: European Central Bank working paper series;nº 861-2008
Abstract: 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) non-parametric 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.
URI: http://hdl.handle.net/10400.5/2140
ISSN: 1725-2806
Publisher version: http://www.ecb.int/pub/pdf/scpwps/ecbwp861.pdf
Appears in Collections:DE - Documentos de trabalho / Working Papers

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