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Profitability, as measured by gross profits-to-assets, has roughly the same power as book-to-market predicting the cross-section of average returns. Profitable firms generate significantly higher average returns than unprofitable firms, despite having, on average, lower book-to-markets and...
Persistent link: https://www.econbiz.de/10012462711
In principle, a multiproduct firm can set separate prices for all possible bundled combinations of its products (i.e., "mixed bundling"). However, this is impractical for firms with more than a few products, because the number of prices increases exponentially with the number of products. In...
Persistent link: https://www.econbiz.de/10012464731
This paper develops a framework to analyze the relationship between the diffusion of new technologies and the decentralization decisions of firms. Centralized control relies on the information of the principal, which we equate with publicly available information. However, the manager can use her...
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This is a draft edition of the Poverty Environment Nexus (PEN) report for Cambodia, Lao PDR and Vietnam. The purpose of this conference edition is to present the findings from the studies that have been undertaken in each country over the last three years as well as to obtain relevant comments...
Persistent link: https://www.econbiz.de/10012553390
Based on the World Bank's World Development Indicators and the Little Green Data Book, the Green miniAtlas complements the miniAtlas of Global Development previously published by the World Bank. The information in the Green miniAtlas is a quick reference for monitoring environmental performance...
Persistent link: https://www.econbiz.de/10012554264
This report provides estimates of social and financial costs of environmental damage in India from three pollution … damage categories: (i) urban air pollution, including particulate matter and lead; (ii) inadequate water supply, poor … sanitation, and hygiene; (iii) indoor air pollution; and four natural resource damage categories: (a) agricultural damage from …
Persistent link: https://www.econbiz.de/10012560006
The relationship between economic growth and the environment is not well understood: we have only limited understanding of the basic science involved and very limited data. Because of these difficulties it is especially important to develop a series of relatively simple theoretical models that...
Persistent link: https://www.econbiz.de/10012469101