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are perceived to be less "efficient." In this paper I develop a theory of public contracting that accommodates these stark …
Persistent link: https://www.econbiz.de/10005714643
This paper discusses the fundamental underpinnings and some implications of transaction cost regulation (TCR), a …. TCR sees regulation as the governance structure of these interactions, and thus, as in standard transaction cost economics … possible institutional alternative. In that sense, politics becomes fundamental to understanding regulation as the governance …
Persistent link: https://www.econbiz.de/10008804668
We investigate the impact of the Golden Quadrilateral (GQ) highway project on the Indian organized manufacturing sector using enterprise data. The GQ project upgraded the quality and width of 5,846 km of roads in India. We use a difference-in-difference estimation strategy to compare non-nodal...
Persistent link: https://www.econbiz.de/10010950745
The Truckers and Turnover Project is a statistical case study of a single firm and its employees which matches proprietary personnel and operational data to new data collected by the researchers to create a two-year panel study of a large subset of new hires. The project's most distinctive...
Persistent link: https://www.econbiz.de/10005714006
theory and relates them to how supply chains are organized. …
Persistent link: https://www.econbiz.de/10005714135
resources, experience, size, or poor trade conditions. The empirical results provide support for the long purse theory of …
Persistent link: https://www.econbiz.de/10005720246
As the clearinghouses for a major portion of the world's rapidly increasing international trade flows, ocean ports and the efficiency with which they process cargo have become an ever more important topic. Yet, there exist very little data that allows one to compare port efficiency measures of...
Persistent link: https://www.econbiz.de/10005829774
Regulating bidder participation in auctions can potentially increase efficiency compared to standard auction formats with free entry. We show that the relative performance of two such mechanisms, a standard first-price auction with free entry and an entry rights auction, depends...
Persistent link: https://www.econbiz.de/10010821738
Deadlines and penalties are widely used to incentivize effort. We model how these incentive contracts affect the work rate and time taken in a procurement setting, characterizing the efficient contract design. Using new micro-level data on Minnesota highway construction contracts that includes...
Persistent link: https://www.econbiz.de/10009370802
Firms play a central role in the selection, sponsorship, and employment of skilled immigrants entering the United States for work through programs like the H-1B visa. This role has not been widely recognized in the literature, and the data to better understand it have only recently become...
Persistent link: https://www.econbiz.de/10010969384