Similar Search Results

Buehler, Stefan; Halbheer, Daniel; Lechner, Michael - C.E.P.R. Discussion Papers - 2015

This paper models payment evasion as a source of profit by letting the firm choose the purchase price and the fine imposed on detected payment evaders. For a given price and fine, the consumers purchase, evade payment, or choose the outside option. We show that payment evasion leads to a form of...

Persistent link: https://www.econbiz.de/10011276378

Incentives and Invention in Universities

Lach, Saul; Schankerman, Mark - C.E.P.R. Discussion Papers - 2003

Using data on U.S. universities, we show that universities that give higher royalty shares to faculty scientists generate greater license income, controlling for university size, academic quality, research funding and other factors. We use pre-sample data on university patenting to control for...

Persistent link: https://www.econbiz.de/10005662368

Taxes and Privatization

Gordon, Roger H - C.E.P.R. Discussion Papers - 2001

Why have state-owned firms been so common? One explanation, proposed in the past, is that if state firms can be induced to maximize pretax profits, then state ownership may be less inefficient than private ownership when corporate tax rates are high. If this argument were right, the capital...

Persistent link: https://www.econbiz.de/10005789117

Regional Decentralization and the Soft Budget Constraint: The Case of China

Qian, Yingyi; Roland, Gérard - C.E.P.R. Discussion Papers - 1994

village levels. We study the effect of regional decentralization on soft budget constraints in these enterprises. We show that … fiscal competition under (foreign) capital mobility may be effective in hardening enterprises' budget constraints …. Decentralization of monetary authority leads to a softening of local governments' budget constraints, however, as well as those of …

Persistent link: https://www.econbiz.de/10005124311

Investment Liberalization - Who Benefits from Cross Border Mergers

Norbäck, Pehr-Johan; Persson, Lars - C.E.P.R. Discussion Papers - 2002

Investment liberalizing countries are often concerned that cross-border mergers & acquisitions might have an adverse effect on domestic firms and benefit multinational enterprises (MNEs). Given that domestic assets are sufficiently scarce, we identify a preemption effect and an asset...

Persistent link: https://www.econbiz.de/10005136401

Donations

Buraschi, Andrea; Cornelli, Francesca - C.E.P.R. Discussion Papers - 2002

This paper is an empirical study of the motives for charitable donations, based on a unique data set of the English National Opera. Merging all their box office and fundraising data, our data set not only contains individuals’ donations, but also their opera attendance and all the fringe...

Persistent link: https://www.econbiz.de/10005504511

Patent Office Governance and Patent System Quality

Picard, Pierre M; van Pottelsberghe de la Potterie, Bruno - C.E.P.R. Discussion Papers - 2011

potentialy inappropriate objectives of patent office management. …

Persistent link: https://www.econbiz.de/10009003381

Quality competition with profit constraints: Do non-profit firms provide higher quality than for-profit firms?

Brekke, Kurt Richard; Siciliani, Luigi; Straume, Odd Rune - C.E.P.R. Discussion Papers - 2011

In many markets, such as education, health care and public utilities, firms are often profit-constrained either due to regulation or because they have non-profit status. At the same time such firms might have altruistic concerns towards consumers. In this paper we study semi-altruistic firms’...

Persistent link: https://www.econbiz.de/10008865972

Can competition reduce quality?

Brekke, Kurt Richard; Siciliani, Luigi; Straume, Odd Rune - C.E.P.R. Discussion Papers - 2014

In a spatial competition setting there is usually a non-negative relationship between competition and quality. In this paper we offer a novel mechanism whereby competition leads to lower quality. This mechanism relies on two key assumptions, namely that the providers are motivated and...

Persistent link: https://www.econbiz.de/10011083218

Free to Choose? Reform and Demand Response in the English National Health Service

Gaynor, Martin; Propper, Carol; Seiler, Stephan - C.E.P.R. Discussion Papers - 2012

The impacts of choice in public services are controversial. We exploit a reform in the English National Health Service to assess the impact of relaxing constraints on patient choice. We estimate a demand model to evaluate whether increased choice increased demand elasticity faced by hospitals...

Persistent link: https://www.econbiz.de/10011083844