We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we … empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government … spending efficiency scores via data envelopment analysis. Second, relying on panel data and impulse response approaches, we …

We assess the consequences of fiscal consolidation episodes on public sector efficiency (scores) for 35 OECD countries … for the 2007-2020 period. We find that fiscal consolidations improve public sector efficiency and results are robust … across efficiency models. Moreover, peripheral euro-area economies and economies with debt-to-GDP ratios between 60% and 90 …

This paper develops and applies a test of the property rights theory of the firm in the context of global input …), 552-80, to derive a new prediction regarding how the productivity of a firm affects its choice between vertical … robust firm-level evidence from Spain showing that, in line with our prediction, the effect of productivity works more …

mission: its role in facilitating the emergence of efficiency wages. We show that in a standard gift-exchange principals … bias has a high social cost: if principals had correct beliefs and thus offered the profit-maximizing wage, efficiency … the agent's effort), by increasing principals' trust, acts as a debiasing mechanism and, thereby, increases efficiency by …

productivity and rent-seeking ability: they face a choice between engaging in (productive) work or vying for a share of the rent (i … inequity). This tradeoff between efficiency and equity is the primary focus of this paper. We investigate how the distribution … of rent-seeking ability and the correlation between labor productivity and rent-seeking ability shape this tradeoff …

We develop a spatial equilibrium model to evaluate the efficiency and distributional impacts of the leading air quality …