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Microeconomic Evidence of Creative Destruction in Industrial and Developing Countries
Bartelsman, Eric J.; Haltiwanger, John; Scarpetta, Stefano - Tinbergen Instituut - 2004
time effects. All countries display a massive reallocation of resources, with the entry and exit of many firms in all … market contestability. There are also large differences across groups of countries. While entry and exit rates are fairly … similar across industrial countries, post entry performance differs markedly between Europe and the U.S., a potential …
Persistent link: https://www.econbiz.de/10011255936
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Modelling Entrepreneurship
Bosma, Niels; Wit, Gerrit de; Carree, Martin - Tinbergen Instituut - 2003
by both high entry and high exit rates. …
Persistent link: https://www.econbiz.de/10011256593
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Do Auctions and Forced Divestitures increase Competition?
Soetevent, Adriaan R.; Haan, Marco A.; Heijnen, Pim - Tinbergen Instituut - 2008
This discussion paper resulted in an article in the 'Journal of Industrial Economics' (2014). Volume 62, issue 3, pages 467-502.<P> Where markets are insufficiently competitive, governments can intervene by auctioninglicenses to operate or by forcing divestitures. The Dutch government has...</p>
Persistent link: https://www.econbiz.de/10011257439
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Homevoters vs. Leasevoters: A Spatial Analysis of Airport Effects
Ahlfeldt, Gabriel; Maennig, Wolfgang - CESifo - 2013
We use a public referendum on a new air traffic concept in Berlin, Germany as a natural experiment to analyze how the interaction of tenure and capitalization effects shapes the outcome of direct democracy processes. We distinguish between homevoters, i.e., voters who are homeowners, and...
Persistent link: https://www.econbiz.de/10010671574
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Fly or Cry: Is Airport Noise Costly?
Nitsch, Volker - CESifo - 2009
Airport noise is costly. Airport location is typically associated with lower property prices. Airport expansion often sparks protests by local residents. In this paper, I provide new evidence on the costs of airport-related noise (and other disamenities of airports) for individuals. In contrast...
Persistent link: https://www.econbiz.de/10005029263
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Robustness of VSL Values from Contingent Valuation Surveys
Alberini, Anna - Fondazione ENI Enrico Mattei (FEEM) - 2004
This paper examines factors that may influence the estimates of the Value of a Statistical Life obtained from contingent valuation surveys that elicit the willingness to pay (WTP) for mortality risk reductions. We examine the importance of distributional assumptions, the choice of the welfare...
Persistent link: https://www.econbiz.de/10005423106
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Willingness to Pay to Reduce Mortality Risks: Evidence from a Three-Country Contingent Valuation Study
Alberini, Anna; Hunt, Alistair; Markandya, Anil - Fondazione ENI Enrico Mattei (FEEM) - 2004
Valuing a change in the risk of death is a key input into the calculation of the benefits of environmental policies that save lives. Typically such risks are monetized using the Value of a Statistical Life (VSL). Because the majority of the lives saved by environmental policies are those of...
Persistent link: https://www.econbiz.de/10005230824
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Optimal Disease Eradication
Hoel, Michael; Barrett, Scott - Fondazione ENI Enrico Mattei (FEEM) - 2004
Using a dynamic model of the control of an infectious disease, we derive the conditions under which eradication will be optimal. When eradication is feasible, the optimal program requires either a low vaccination rate or eradication. A high vaccination rate is never optimal. Under special...
Persistent link: https://www.econbiz.de/10005230862
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Controlling Product Risks when Consumers are Heterogeneously Overconfident: Producer Liability vs. Minimum Quality Standard Regulation
Baniak, Andrzej; Grajzl, Peter - CESifo - 2014
Contributing to the literature on the consequences of behavioral biases for market outcomes and institutional design, we contrast producer liability and minimum quality standard regulation as alternative means of social control of product-related torts when consumers are heterogeneously...
Persistent link: https://www.econbiz.de/10010948857
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Choosing among Competing Blockbusters: Does the Identity of the Third-Party Payer Matter for Prescribing Doctors?
Dalen, Dag Morten; Sorisio, Enrico; Strøm, Steinar - CESifo - 2010
TNF-alpha inhibitors represent one of the most important areas of biopharmaceuticals by sales, with three blockbusters accounting for 8 % of total pharmaceutical sale in Norway. With use of a unique natural policy experiment in Norway, this paper examines to what extent the identity of the...
Persistent link: https://www.econbiz.de/10008727300