Showing 1 - 10 of 465
The investment decisions of small‐scale farmers in developing countries are conditioned by their financial environment. Binding credit market constraints and incomplete insurance can reduce investment in activities with high expected profits. We conducted several experiments in northern Ghana...
Persistent link: https://www.econbiz.de/10010969291
While there is strong evidence for productivity-driven selection into exporting, previous research has mostly failed to … identify export-related efficiency gains within plants. This non-result is derived from revenue productivity (TFPR), thus also …
Persistent link: https://www.econbiz.de/10010969319
Government subsidies have driven rapid growth in U.S. wind and solar generation. Using data on hourly outputs and prices for 25 wind and nine solar generating plants, some results of those subsidies are studied in detail: the value of these plants' outputs, the variability of output at plant and...
Persistent link: https://www.econbiz.de/10010950644
Many basic economic theories with perfectly functioning markets do not predict the existence of the vast number of microenterprises readily observed across the world. We put forward a model that illuminates why financial and managerial capital constraints may impede experimentation, and thus...
Persistent link: https://www.econbiz.de/10010950711
years of relatively rapid productivity growth between 1890 and 1972. Once the spin-off inventions from IR #2 (airplanes, air … conditioning, interstate highways) had run their course, productivity growth during 1972-96 was much slower than before. In …
Persistent link: https://www.econbiz.de/10010950998
The conventional wisdom in health economics is that large differences in average productivity across hospitals are the …, however, we find that productivity dispersion in heart attack treatment across hospitals is, if anything, smaller than in … productivity today is associated with about 4 percent more patients in 5 years. Taken together, these facts suggest that the …
Persistent link: https://www.econbiz.de/10010951009
differentiating between pure age effects of these theories and effects on size conditional on age. Our stylized facts highlight both … consistent with firm size correlations conditional on age but have difficulties matching the life-cycle dynamics of firm …
Persistent link: https://www.econbiz.de/10010951103
firms, and the fact that larger firms supply more products than smaller firms, implies that standard productivity measures … are not independent of demand system assumptions and probably dramatically understate the relative productivity of the …
Persistent link: https://www.econbiz.de/10010951335
Most US consumers are charged a near-constant retail price for electricity, despite substantial hourly variation in the wholesale market price. The Smart Grid is a set of emerging technologies that, among other effects, will facilitate "real-time pricing" for electricity and increase price...
Persistent link: https://www.econbiz.de/10011271447
land and construction prices, housing productivity is relatively low in larger cities. The increase in housing costs …
Persistent link: https://www.econbiz.de/10011271485