Showing 1 - 10 of 103
At the firm level, revenue and costs are well measured but prices and quantities are not. This paper shows that because of these data limitations estimates of returns to scale at the firm level are for the revenue function, not production function. Given this observation, the paper argues that,...
Persistent link: https://www.econbiz.de/10005822822
Using standard as well as recently developed univariate and bivariate count data models, this paper analyzes the determinants of workplace accidents using a firm data set for Germany. Given the tight system of public workplace safety regulation, introduced partly as early as in 1869, and the...
Persistent link: https://www.econbiz.de/10005233823
A structural model of entry and fiscal policy is presented. It shows that taxation of variable production costs can increase product prices, lower competition, and reduce the availability of new products in small markets. The model’s test is based on a unique nationwide fiscal experiment. We...
Persistent link: https://www.econbiz.de/10005566538
and existing hypotheses about the impact of foreign direct investment (FDI) on the efficiency of domestic firms in the …
Persistent link: https://www.econbiz.de/10010884338
. We conclude that the household efficiency does yield empirically falsifiable restrictions despite being scarcely rejected …
Persistent link: https://www.econbiz.de/10011268877
less educated and those born outside Europe, do not use the rating values to the same extent as others. It appears that … there is a tradeoff as to efficiency and inequality with respect to services that are contracted to private companies in a …
Persistent link: https://www.econbiz.de/10011265645
There is substantial cross-country variation in secondary school design, with some countries tracking students into different ability schools very early, and other countries with little or no tracking at all. Does tracking length affects school performance, as measured by standardized test...
Persistent link: https://www.econbiz.de/10005233754
We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry of vacancies and on-the-job search. The decentralized economy with monopsonistic wage setting yields too many vacancies and hence too low unemployment compared to first best....
Persistent link: https://www.econbiz.de/10005233771
, there is some reason hope that private provision might promote microeconomic efficiency and services which are more … choice and innovation. Second, however, efficiency gains have often been limited. This is due to a number of inter …
Persistent link: https://www.econbiz.de/10005233830
We analyze the efficiency and productivity growth of a representative sample of Portuguese hospitals from 1997 to 2004 … productivity indicator that is decomposed into the usual constituents of productivity growth: technological change and efficiency …
Persistent link: https://www.econbiz.de/10005233852