Measuring Government Expenditure Efficiencies Towards Peace and Human Development

In this paper, the authors investigate the efficiency level of government expenditure in 82 countries towards the human development and peace index of the respective countries by using Data Envelopment Analysis and Malmquist Index approach during 2007-2011. They found that only few countries that always being positioned in the efficient frontier during the sample period, namely: Japan, Nigeria, and Norway. By using Malmquist Index approach, they also found that Cyprus has the largest government expenditure efficiency improvement.