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The Flattening Firm and Product Market Competition : The Effect of Trade Liberalization
Guadalupe, Maria - 2008
This paper establishes a causal effect of competition from trade liberalization on various characteristics of organizational design. We exploit a unique panel dataset on firm hierarchies (1986-1999) of large U.S. firms and find that increasing competition leads firms to become flatter, i.e., (i)...
Persistent link: https://www.econbiz.de/10012464156
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Fuzzy Frontiers of Production : Evidence of Persistent Inefficiency in Safety Expenditures
Ichniowski, Casey - 1984
This study documents a strong inverse relationship between accident rates and production in a sample of eleven firms in the same narrowly defined industry classification. Given the detailed set of input controls and controls for plant-specific and time-specific factors used in the analysis, the...
Persistent link: https://www.econbiz.de/10012477724
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Efficient Recapitalization
Philippon, Thomas - 2009
We analyze government interventions to recapitalize a banking sector that restricts lending to firms because of debt overhang. We find that the efficient recapitalization program injects capital against preferred stock plus warrants and conditions implementation on sufficient bank participation....
Persistent link: https://www.econbiz.de/10012463719
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Mergers and productivity
Kaplan, Steven N. (ed.) - 2000
Persistent link: https://www.econbiz.de/10001421960
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The Economic Impacts of the Tobacco Settlement
Cutler, David M. - 2000
whether it was a move toward economic efficiency using data from Massachusetts. Medicaid spending will fall, but only a modest … amount ($0.1 billion). The efficiency issue turns mainly on the treatment of health benefits from reduced smoking induced by … the settlement. We conclude that the settlement was a move towards economic efficiency …
Persistent link: https://www.econbiz.de/10012470990
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Does Public Insurance Improve the Efficiency of Medical Care? Medicaid Expansions and Child Hospitalizations
Dafny, Leemore - 2000
One of the benefits commonly claimed for expanded public health insurance is improved efficiency of medical care …
Persistent link: https://www.econbiz.de/10012471220
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Market Provision of Public Goods : The Case of Broadcasting
Anderson, Simon P. - 2000
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
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An Efficiency Approach to the Evaluation of Policy Changes
Coate, Stephen - 1999
This paper describes an efficiency approach to the evaluation of policy changes. Rather than comparing the utility …
Persistent link: https://www.econbiz.de/10012471468
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Green Taxes and Administrative Costs : The Case of Carbon Taxation
Smulders, Sjak - 1999
of various environmental tax instruments, with special reference to carbon taxes. In a simple model, we show under what …
Persistent link: https://www.econbiz.de/10012471486
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Efficiency Effects on the U.S. Economy from Wireless Taxation
Hausman, Jerry - 1999
This paper measures for the first time the economic efficiency effects of the taxation of wireless services, which are … thereby suppress demand for service, imposing an efficiency loss on the economy of $0.53 for every $1 currently raised in … taxes. Prospective taxes will impose an efficiency loss of $0.72-$1.14 per additional dollar of tax revenue raised …
Persistent link: https://www.econbiz.de/10012471502