Showing 1 - 10 of 759
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
outcomes. The UK, Sweden, Canada and the US obtain the highest management scores closely followed by Germany, with a gap to …
Persistent link: https://www.econbiz.de/10012457998
This paper examines how sales force impact competition and equilibrium prices in the context of a privatized pension … foster competition in social safety net markets with large segments of inelastic consumers …
Persistent link: https://www.econbiz.de/10012459780
insufficient claims on state owned enterprises. The centralized privatization of state owned enterprises, which bypasses the East … German population, is seen as a major obstacle to quick recovery, and an alternative privatization procedure is discussed …
Persistent link: https://www.econbiz.de/10012475424
in Germany after the Fukushima accident in 2011. We use hourly data on power plant operations and a novel machine …
Persistent link: https://www.econbiz.de/10012480542
Germany was divided after World War II, many firms in the machine tool industry fled the Soviet occupied zone to prevent … expropriation. We show that the regional location decisions of these firms upon moving to western Germany were driven by non … effects are due to increased competition for local resources …
Persistent link: https://www.econbiz.de/10012462515
stations out of business in order to restrict competition. We examine the determinants of organizational form and find them to …
Persistent link: https://www.econbiz.de/10012471347
Income from corporate and noncorporate firms is treated very differently under the tax law. To what degree do firms change their form of organization in response? Since the relative tax treatment depends on the tax bracket of the investor, the answer will vary by the bracket of the owners. To...
Persistent link: https://www.econbiz.de/10012474736
By double taxing the income of corporate firms but not unincorporated firms, taxes can play an important role in a firm's choice of organizational form. The sensitivity of the organizational form decision to tax rates can also be used to approximate the efficiency cost of the corporate income...
Persistent link: https://www.econbiz.de/10012469568
American local governments own and manage a wide portfolio of enterprises, including gas and electricity companies, water systems, subways, bus systems and schools. Existing theories of public ownership, including the presence of natural monopolies, can explain much of the observed municipal...
Persistent link: https://www.econbiz.de/10012470103