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When assigning a concession contract, the regulator faces the issue of setting the concession length. Another key issue is whether or not the concessionare should be allowed to set the timing of new investments. In this paper we investigate the impact of concession length and investment timing...
Persistent link: https://www.econbiz.de/10005385395
information rent/efficiency trade-off. If the contract is performance-based (resp. conditionality-based), information rents are … compare two types of contracts: a deforestation performance-based contract and a conditional avoided deforestation … reference level threshold in terms of efficiency towards less deforestation. In terms of expected welfare, conditional avoided …
Persistent link: https://www.econbiz.de/10010603765
positive effect of ownership concentration on firm performance matters more in countries with weak investor protection and that … private domestic ownership leads to higher performance. …
Persistent link: https://www.econbiz.de/10005423064
provides an empirical analysis on how individuals’ relative income position affects their performance. Using a unique data set … income differences within a team, the worse the performance of the soccer players is. The more the players are integrated in …
Persistent link: https://www.econbiz.de/10005423259
Participation of small businesses in the market for public contracts is widely recognized as a key policy issue. It is also commonly held that the adoption of e-procurement solutions can be effective in pursuing such an objective. To this end, we analyze the transactions completed in the period...
Persistent link: https://www.econbiz.de/10005230899
privatisation significantly (often dramatically) improves the operating and financial performance of divested firms. Governments can …) privatisation route have done so largely out of necessity--and face ongoing efficiency problems as a result. Governments have great …
Persistent link: https://www.econbiz.de/10005423173
less developed countries. In this paper we test the impact of privatisation on macroeconomic performance in the United …
Persistent link: https://www.econbiz.de/10005423235
This paper investigates the impact of ownership structure on the productivity performance of Russian industrial … possible selection effects in the privatisation process that may bias the observed ownership-performance relationship. The … performance through the privatisation process. …
Persistent link: https://www.econbiz.de/10005570376
Much of the job search literature assumes bilateral meetings between workers and firms. This ignores the frictions that arise when meetings are actually multilateral. I analyze the magnitude of these frictions by presenting an equilibrium job search model with an endogenous number of contacts....
Persistent link: https://www.econbiz.de/10009421238
. Constraining choices increases segregation and affects the stability and efficiency of the final allocation. Remarkably, the …
Persistent link: https://www.econbiz.de/10005008015