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Methods Of Measuring The Economy, Efficiency And ...

1 | P a g e Methods Of Measuring The Economy, Efficiency And Effectiveness Of Public Expenditure ANNEX 7: August 2015 2 | P a g e TABLE OF CONTENTS 1 Introduction .. 3 2 PER Context .. 3 3 Necessity of the measures .. 4 4 Measurement and coding .. 5 5 Assumptions .. 5 6 Definitions and basic qualitative measures .. 6 Measuring Efficiency with DEA .. 9 DEA .. 10 Assumption of DEA .. 10 Scale Efficiency Issues in DEA .. 16 Using Software to Do the Estimates .. 19 Scale Efficiency .. 23 Limitations of DEA .. 27 stochastic frontier Analysis .. 27 7. What to Do if No Financial 30 LIST OF TABLES Table 1: Baseline social perspectives of the PER.

Among the methods considered are DEA and stochastic frontier analysis. Additional assumptions are indicated in context. 2 PER Context The PER normally includes background information to support interpretation of the measures. Table 1 provides an indication of the general social development information and perspectives of ...

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