Public Expenditure in the Slovak Republic: Composition and Technical Efficiency

35 Pages Posted: 1 Nov 2012

Date Written: July 2012

Abstract

Good practice suggests that budget allocations should reflect spending priorities and that spending should provide cost-effective delivery of public goods and services. This paper analyzes the composition of public expenditure in the Slovak Republic. It also assesses the relative efficiency of spending in education and health. The Slovak Republic spends more on social benefits and less on wages compared to the EU and OECD average. While it manages to translate the low expenditures into outcomes in an efficient manner in the education sector, this is not true for health. Moreover, the recent increases in expenditure levels have not improved outcomes, suggesting that significant budgetary savings could be achieved through increases in efficiency.

Keywords: Expenditure Composition, Technical Efficiency, Government Expenditures, Health Care, Public Finance, Resource Allocation

Suggested Citation

Grigoli, Francesco, Public Expenditure in the Slovak Republic: Composition and Technical Efficiency (July 2012). IMF Working Paper No. 12/173. Available at SSRN: https://ssrn.com/abstract=2169718

Francesco Grigoli (Contact Author)

International Monetary Fund (IMF) ( email )

700 19th Street, N.W.
Washington, DC 20431
United States

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