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Economic Performance: Highlights of a Workshop on Economic Performance Measures
Nancy R. Kingsbury (au); Scott Farrow (au)
Improving the economy & efficiency of fed. programs has long been a key objective of the GAO. To this end, GAO held a workshop to discuss the use of economic analysis, such as benefit cost or cost effectiveness, for helping to measure the performance of fed. programs. The workshop: discussed the present state of economic performance measures (EPM) & identified gaps in their application & the barriers & analytical issues that limit their use in helping assess the performance of fed. programs; & identified opportunities for the fed. govít. & professional & acad. inst. to improve: (1) the use of EPM for evaluating fed. programs; & (2) the general economic principles & guidance on which EPM analysis is based. Charts & tables.
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