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The Impact of Competition on Management Quality: Evidence from Public Hospitals
Bloom, Nicholas; Propper, Carol; Seiler, Stephan; Van … - C.E.P.R. Discussion Papers - 2010
In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … geographic proximity is a key determinant of competition, and English public hospitals where political competition can be used to … management quality - measured using a new survey tool - is strongly correlated with financial and clinical outcomes such as …
Persistent link: https://www.econbiz.de/10008468548
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Medium Term Business Cycles in Developing Countries
Comin, Diego; Loayza, Norman; Pasha, Farooq; Servén, Luis - C.E.P.R. Discussion Papers - 2011
Business cycle fluctuations in developed economies (N) tend to have large and persistent effects on developing countries (S). We study the transmission of business cycle fluctuations for developed to developing economies with a two-country asymmetric DSGE model with two features: (i) endogenous...
Persistent link: https://www.econbiz.de/10009322501
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Employment Protection, International Specialization, and Innovation
Saint-Paul, Gilles - C.E.P.R. Discussion Papers - 1996
This paper develops a model to analyse the implications of firing costs on incentives for R&D and international specialization. The key idea is that, to avoid paying firing costs, the country with a rigid labour market will tend to produce relatively secure goods, at late stages in their product...
Persistent link: https://www.econbiz.de/10005136526
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Learning by Doing and Multiproduction Effects Over the Life Cycle: Evidence from the Semiconductor Industry
Siebert, Ralph - C.E.P.R. Discussion Papers - 2003
In this study we derive a structural econometric model of learning by doing with multiproduct competition from a …
Persistent link: https://www.econbiz.de/10005497705
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Common Ground Between Free-traders and Environmentalists
Karp, Larry; Sacheti, Sandeep - C.E.P.R. Discussion Papers - 1997
We use a North-South model with property right differences and resource dynamics to study the effects of trade on resource use and welfare. Autarky is likely to Pareto-dominate free trade in the long run when the environment is quite fragile, and the result is reversed when the environment is...
Persistent link: https://www.econbiz.de/10005123684
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Industrial Policy and Competition
Aghion, Philippe; Dewatripont, Mathias; Du, Liqun; … - C.E.P.R. Discussion Papers - 2011
enterprises for the period 1998 through 2007 to test for complementarity between competition and industrial policy. A main … competition-friendly and therefore more growth-enhancing. …
Persistent link: https://www.econbiz.de/10009359485
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Add-on Pricing, Naive Consumers, and the Hidden Welfare Costs of Education
Kosfeld, Michael; Schüwer, Ulrich - C.E.P.R. Discussion Papers - 2011
Previous research shows that firms shroud high add-on prices in competitive markets with naive consumers leading to inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare. Our model allows firms to shroud, unshroud, or...
Persistent link: https://www.econbiz.de/10009367427
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The Evolution of Markets and the Revolution of Industry: A Quantitative Model of England's Development, 1300-2000
Desmet, Klaus; Parente, Stephen - C.E.P.R. Discussion Papers - 2009
critical size, and competition to reach a critical level of intensity. By allowing an economy to produce a greater variety of …
Persistent link: https://www.econbiz.de/10005041097
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Foreign Currency Borrowing by Small Firms
Brown, Martin; Ongena, Steven; Yesin, Pinar - C.E.P.R. Discussion Papers - 2009
We examine the firm- and country-level determinants of the currency denomination of small business loans. We first model the choice of loan currency in a framework which features a trade-off between lower cost of debt and the risk of firm-level distress costs, and also incorporates the impact of...
Persistent link: https://www.econbiz.de/10008496451
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Screening, Competition, and Job Design: Economic Origins of Good Jobs
Bartling, Björn; Fehr, Ernst; Schmidt, Klaus M. - C.E.P.R. Discussion Papers - 2010
-sharing, screening opportunities, and competition are important driving forces behind these new forms of work organization. We document … competition substantially fosters the trust strategy, reduces market segmentation, and leads to large welfare gains for both …
Persistent link: https://www.econbiz.de/10008468606