haku: @indexterm public services / yhteensä: 243
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| Tekijä: | Delfgaauw, J. Dur, R. |
| Otsikko: | Managerial talent, motivation and self-selection into public management |
| Lehti: | Journal of Public Economics
2010 : OCT, VOL. 94:9-10, p. 654-660 |
| Asiasana: | public administration cost effectiveness public services pay labour supply employee motivation |
| Vapaa asiasana: | wages |
| Kieli: | eng |
| Tiivistelmä: | Public management quality is a repetitive concern in many countries. Calls to persuade the economy's best and brightest managers to the public sector abound. This article researches self-selection into managerial positions in the public and private sector, using a model of a perfectly competitive economy where people have different managerial abilities and public service motivations. The results indicate that, when demand for public sector output is not too high, the equilibrium return to managerial ability in the private sector always exceeds that of public sector's. Resulting from that, relatively many of the more able managers aim into the private sector. As this outcome is efficient, it implies that persuading a more able managerial workforce to the public sector by increasing remuneration to private-sector levels is not cost-efficient. |
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