Global public spending efficiency in Tuscan municipalities |
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| Affiliation: | 1. IMT School for Advanced Studies Lucca, Lucca, Italy;2. Department of Economics and Management, University of Pisa, Italy;3. IRPET - Istituto Regionale per la Programmazione Economica della Toscana, Florence, Italy;1. Institute of Management Control and Business Accounting, Technische Universität Braunschweig, Germany;2. Institute of Management Control and Business Accounting, Technische Universität Braunschweig, Germany;3. Aston Business School, Aston University, Birmingham B4 7ET, UK;4. Fox School of Business and Management, Temple University, Philadelphia, USA |
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| Abstract: | The paper presents a Data Envelopment Analysis aimed at studying the efficiency of Tuscan municipalities' public expenditure. Five strategic functions of Tuscan municipalities are first considered carrying out a non-aggregate analysis; then the overall expenditure composition of each municipality and the global spending efficiency are analysed by a proposed composite indicator. The main determinants affecting the municipalities' efficiency were further investigated. In particular, the obtained results may be consistently included in the long-standing debate on the municipal size, proving that the bigger the municipality, the greater its level of public expenditure efficiency. |
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| Keywords: | DEA Efficiency Local governments Composite indicator Tobit regression 90B50 90C05 |
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