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Authors: Snežana Knežević, Milanka Marković and Andrijana Brown

1078 1092 Barros, C.P. — Nektarios, M. — Assaf, A. (2010): Efficiency in the Greek Insurance Industry. European Journal of Operational Research , 205: 431

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2002 Destefanis, S. - Fonseca, R. (2007): Matching Efficiency and Labor Market Reform in Italy: A Macroeconometric Assessment. Labor , 21(1): 57

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-based healthcare system. The aim of this study is to examine the relationship between the efficiency of the healthcare systems (both the Bismarckian and Beveridgean) and the level of the countries' economic performance, expressed in terms of GDP per capita. The

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Performance and efficiency of governments in OECD countries

Experiences of the great moderation period

Author: László Muraközy

Afonso, António — Schuknecht, Ludger — Tanzi, Vito (2003): Public Sector Efficiency. An International Comparison. ECB Working Paper Series , No. 242. Frankfurt: European Central Bank

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Mera, K. (1978): Trade-off between Aggregate Efficiency and Interregional Equity: A Reply. Regional Science and Urban Economics , 8: 307-310. Trade-off between Aggregate Efficiency and Interregional Equity: A Reply

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Efficiency or effectiveness? It not just the matter of definition. Experts and researchers have to make a difference between the qualitative and quantitative approach. The efficiency of EU subsidies means the ratio of the committed and disposable amount of EU subsidies can be measured, which was used and paid out within the given timeframe and along the legal regulations. The effectiveness of EU subsidies needs a much more complicated and complex approach than efficiency. The effectiveness of usage on a project level can be measured by the ‘added value’ of the project; and on the programme level by the added GDP growth or employment rate. The following research essentially analyses the project level or micro-effectiveness, however, it discusses the results of some macro-analyses as well (qualitative approach).

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. Berger , A.N. – DeYoung , R. ( 1997 ): Problem Loans and Cost Efficiency of Commercial Banks . Journal of Banking and Finance , 21 ( 6 ): 849 – 870 . Berger , A.N. – Humphrey

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. 1978 Measuring the efficiency of decision making units European Journal of Operational Research 2 429 – 444 . Charnes , A

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Athanassopoulos, A. D. — Shale, E. (1997): Assessing the Comparative Efficiency of Higher Education Instructions in the UK by Means of Data Envelopment Analysis. Education Economies , 5(2): 117–134. Shale E

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efficiency of very large multiuser MIMO systems . IEEE Transactions on Communications , 61 ( 4 ), 1436 – 1449 . [4] Yin H. , Gesbert D. , Filippou

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