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Finance and Credit
 

Estimation of efficiency of expenses of the state (municipal) establishments

Vol. 17, Iss. 13, APRIL 2011

Available online: 29 March 2011

Subject Heading: THE STATE AND MUNICIPAL FINANCE

JEL Classification: 

Baltina A.M. Candidate of Economic Sciences, Associate Professor, Head of the Department of Finances, Orenburg State University
abaltina@mail.osu.ru

Effectiveness of budgetary funds in public sector of economy is offered to estimate in two ways: through customer satisfaction and performance indicators across the state (municipal) establishments. The second way allows estimating inefficient expenses of establishment, using the device of linear algebra; to establish that volume of financing which corresponds to the reached indicators of productivity of establishment.

Keywords: public sector of economy, efficiency of activities, cost effectiveness, inefficient expenses

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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