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Local governments can provide services with their own employees or by contracting with private or public sector providers. We develop a model of this "make-or-buy" choice that highlights the trade-off between productive efficiency and the costs of contract administration. We construct a dataset...
Persistent link: https://www.econbiz.de/10012465302
A growing literature seeks to understand how the characteristics of firms shape the manner in which they serve foreign markets. We consider an environment in which multiproduct firms can sell their products in multiple countries from multiple locations. We show that there are strong empirical...
Persistent link: https://www.econbiz.de/10012459495
Persistent link: https://www.econbiz.de/10001476940
government employees and contracting out to private suppliers, also known as privatization. We examine empirically how United … laws restricting county spending encourage privatization, whereas strong public unions discourage it. The evidence is … by political patronage and taxpayer resistance to government spending in the privatization decision …
Persistent link: https://www.econbiz.de/10012473773
Privatization has been shown to increase growth and profitability of public firms. However, effects on consumers are … we interpret as a decline in access to care. Hospital privatization therefore partially offsets the benefits of providing …
Persistent link: https://www.econbiz.de/10013537718
Persistent link: https://www.econbiz.de/10000645265
investigate the demand for the rule of law in post-Communist economies after privatization under the assumption that theft is …
Persistent link: https://www.econbiz.de/10010522421
This paper studies the market provision of a specific type of public good: radio and television broadcasts. Its main focus is to explore the ability of the market to provide broadcasting efficiently in a world in which broadcasters earn revenues by selling time to advertisers and advertisements...
Persistent link: https://www.econbiz.de/10012471263
The privatization of social services is being increasingly discussed. The social services market is characterized by …
Persistent link: https://www.econbiz.de/10012471699
This paper evaluates the welfare implications of privatization in emerging market economies, in countries where … policies are determined by the median voter. We show that privatization may lead to large efficiency gains by changing the menu … of taxes. We illustrate this point with two examples. First, we consider privatization of import competing public …
Persistent link: https://www.econbiz.de/10012472283