References
[1] A. Afonso, L. Schuknecht, V. Tanzi. Public Sector Efficiency: An International Comparison. Public Choice, Vol. 123, No. 3-4, 321-347, 2005. [2] V. Tanzi, L. Schuknecht. Public Spending in the 20th Century: A Global Perspective. Cambridge: Cambridge University Press, 2000. [3] P. Heller. Who Will Pay? Coping with Aging Societies, Climate Change and Other Long Term Fiscal Challenges. Washington D.C.:IMF, 2003. [4] R.E. Lucas. On the Mechanics of Economic Development. Journal of Monetary Economics, Vol. 22, pp. 3-42, 1988. [5] M. Zagler, G. Dürnecker. Fiscal Policy and Economic Growth. Journal of Economic Survey, Vol. 17, 397-418, 2003. [6] M. Haque, D. Osborn. Public Expenditure and Economic Growth: A Disaggregated Analysis for Developing Countries. Manchester School, Vol. 75, 533-556, 2007. [7] B.D. Borger, K. Kertens. Cost Efficiency of Belgian Local Governments: A comparative Analysis of FDH, DEA, and Econometric Approaches. Regional Science and Urban Economics, Vol. 26, 145-170, 1996. [8] A. Afonso, S. Fernandes. Local Government Spending Efficiency: DEA Evidence for the Lisbon Region. Regional Studies, Vol. 40, 39-53, 2006. [9] G. Rayp, N.V.D. Sijpe. Measuring and Explaining Government Efficiency in Developing Countries. Journal of Development Studies, Vol. 43, 360-381, 2007. [10] D. Becker. Public Sector Efficiency and Inter jurisdictional Competition – An Empirical Investigation, (Thünen-Series of Applied Economic Theory Working Paper No. 101). Rostock: Universität Rostock, 2008. [11] S. Feeny, M. Rogers. Public Sector Efficiency, Foreign Aid and Small Island Developing States. Journal of International Development, Vol. 20, 526-546, 2008. [12] K. Angelopoulos, A. Philippopoulos, E. Tsionas. Does Public Sector Efficiency Matter? Revisiting the Relation Between Fiscal Size and Economic Growth in a World Sample. Public Choice, Vol. 137, 245-278, 2008. [13] A. Adam, M. D. Delis, P. Kammas. Fiscal decentralization and public sector efficiency: evidence from OECD countries, 2008. [14] S. Gupta, M. Verhoeven. The Efficiency of Government Expenditure: Experiences from Africa. Journal of Policy Modeling, Vol. 23, 433-467, 2001. [15] A. Afonso, S. Fernandes. Assessing and Explaining the Relative Efficiency of Local Government. The Journal of Socio-Economics, Vol. 37, 1946-1979, 2008. [16] D. Kaufmann, A. Kraay, M. Mastruzzi. Worldwide governance indicators project: Answering the critics. World Bank Policy Research Working Paper, (4149), 2007. [17] L. R. Murillo?Zamorano. Economic efficiency and frontier techniques. Journal of Economic surveys, Vol. 18, No. 1, 33-77, 2004. [18] R. D. Banker, A.Charnes, W. W. Cooper. Some models for estimating technical and scale inefficiencies in data envelopment analysis. Management science, Vol. 30, No. 9, 1078-1092, 1984. [19] B. Casu, P. Molyneux. A comparative study of efficiency in European banking. Applied Economics, Vol. 35, No. 17, 1865-1876, 2003. [20] P.J. Feehan, M. Matsumoto. Distortionary Taxation and Optimal Public Spending on Productive Activities. Economic Inquiry, Vol. 40, No. 1, 60-68, 2002. [21] S. Devarajan, V. Swaroop, H.F. Zou. The Composition of Public Expenditures and Economic Growth. Journal of Monetary Economics, Vol. 37, 313-344, 1996. [22] D. Kaufmann, A. Kraay, M. Mastruzzi. Governance matters VIII: aggregate and individual governance indicators, 1996-2008. World Bank policy research working paper, (4978), 2009. [23] G. Koop, J. Osiewalski, M. F. Steel,. Modeling the sources of output growth in a panel of countries. Journal of Business & Economic Statistics, Vol. 18, No. 3, 284- 299, 2000. [24] E. Deliktas, M. Balcilar. A comparative analysis of productivity growth, catch-up, and convergence in transition economies. Emerging Markets Finance and Trade, Vol. 41, No. 1, 6-28, 2005.
