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will be affordable. In this paper, I present the facts about how much accountability costs. The facts are, fortunately …, highly knowable because costs show up both as expenditures on government budgets and as revenues on companies' (mainly test … makers') accounts. Moreover, it turns out that worrying about measurement error in the cost data is pointless. The costs of …
Persistent link: https://www.econbiz.de/10012469860
Does industrial policy work? This is a subject of long-standing debates among economists and policymakers. Using newly digitized microdata, we evaluate the Korean government's policy that promoted heavy and chemical industries between 1973 and 1979 by cutting taxes and building new industrial...
Persistent link: https://www.econbiz.de/10012629472
An industrial policy of subsidizing physical capital investment has been utilized in many countries in order to encourage export growth and spread economic development to outlying areas. For Israel, we possess a unique time series-cross section micro data set that details investment and its...
Persistent link: https://www.econbiz.de/10012472025
This paper investigates the motivations for, and implications of, the Automobile Industry code under the National Industrial Recovery Act. The amended code contained a provision calling for automobile producers to alter the timing of new model introductions and the annual automobile show as a...
Persistent link: https://www.econbiz.de/10012474875
We estimate an insurer-specific preference function which rationalizes hospital referrals for privately-insured births in California. The function is additively separable in: a hospital price paid by the insurer, the distance traveled, and plan and severity-specific hospital fixed effects...
Persistent link: https://www.econbiz.de/10012459328
found no evidence of reductions in treatment costs. However, hospitals with large endowment losses delayed purchases of …
Persistent link: https://www.econbiz.de/10012459808
per-hurricane costs, inclusive of unobserved protective spending, by $700,000 per county. Improvements since 2007 reduced … costs by 19%, averaging $5 billion per hurricane. This exceeds the annual budget for all federal weather forecasting …
Persistent link: https://www.econbiz.de/10014576576
We use data from a sample of day care centers to estimate the relationships between cost and the quality of the child care service provided, and between revenue and quality. We use a measure of child care quality derived from an instrument designed by developmental psychologists. This measure of...
Persistent link: https://www.econbiz.de/10012471564
We survey 861 finance academics, professionals, and public sector regulators and policy economists about climate finance topics. They identify regulatory risk as the top climate risk to businesses and investors over the next five years, but they view physical risks as the top risk over the next...
Persistent link: https://www.econbiz.de/10012616584
How do communication costs affect the production of new ideas and inventions? To answer this question, we study the … showing how a fall in communication costs can increase the rate at which scientific knowledge is exchanged and new ideas and …
Persistent link: https://www.econbiz.de/10013210104