Template-Type: ReDIF-Article 1.0
Author-Name: Roman S. Afanasev
Author-Email: afanasev@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow, Russia
Author-Name: Nataliya V. Golovanova
Author-Email: golovanova@nifi.ru
Author-Workplace-Name: Financial Research Institute, Moscow, Russia
Title: Public Expenditure Efficiency: Theoretical and Legislation Approach
Abstract: Public expenditures efficiency is the key issue of the public finance management. Despite the frequent use of the term “efficiency” in the Russian government strategic documents, the terminology of the current federal legislation differs from the definition adopted in the literature. Authors describes the examples of differences in terminology and provides recommendations on using the same definitions, both in theory and in practice.
Classification-JEL: H61, H68
Keywords: expenditure efficiency, expenditure effectiveness, economy, efficiency, efficient allocation of resources
Journal: Finansovyj žhurnal — Financial Journal
Pages: 61-69
Issue: 1
Year: 2016
Month: February
File-URL: http://www.nifi.ru/images/FILES/Journal/Archive/2016/1/stftii_1/fm_2016_1__06.pdf
File-Format: Application/pdf
Handle: RePEc:fru:finjrn:160106:p:61-69