<abstract xmlns="http://www.w3.org/1999/xhtml"><p>We address budget performance in terms of savings, efficiency, and effectiveness. To facilitate a quantitative analysis of budgetary efficiency, we perform a detailed study based on an econometric model of the interdependence of public expenditure, both capital and private, and GDP. We show that an increase in public expenditure, especially current, can significantly accelerate the growth of the productive sectors of the economy. Further, the implementation of performance indicators for public expenditure can lead to accelerated economic growth, both quantitatively as well as qualitatively, in the Republic of Moldova.</p></abstract>

We address budget performance in terms of savings, efficiency, and effectiveness. To facilitate a quantitative analysis of budgetary efficiency, we perform a detailed study based on an econometric model of the interdependence of public expenditure, both capital and private, and GDP. We show that an increase in public expenditure, especially current, can significantly accelerate the growth of the productive sectors of the economy. Further, the implementation of performance indicators for public expenditure can lead to accelerated economic growth, both quantitatively as well as qualitatively, in the Republic of Moldova.

Budgetary efficiency expressed as the interdependence of public expenditures and the Gross Domestic Product in the Republic of Moldova

Proceedings of the International Conference on Applied Statistics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

We address budget performance in terms of savings, efficiency, and effectiveness. To facilitate a quantitative analysis of budgetary efficiency, we perform a...

Budgetary efficiency expressed as the interdependence of public expenditures and the Gross Domestic Product in the Republic of Moldova

Publié en ligne: 31 mai 2021

Pages: 200 - 208

DOI: https://doi.org/10.2478/icas-2021-0018

Mots clés
current public expenditure, GDP, efficiency, econometric model, budgetary performance

© 2021 Ion Pârţachi et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Budgetary efficiency expressed as the interdependence of public expenditures and the Gross Domestic Product in the Republic of Moldova

Publié en ligne: 31 mai 2021

Pages: 200 - 208

DOI: https://doi.org/10.2478/icas-2021-0018

Mots cléscurrent public expenditure, GDP, efficiency, econometric model, budgetary performance

© 2021 Ion Pârţachi et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Mots clés
current public expenditure, GDP, efficiency, econometric model, budgetary performance