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Hurricane insurance in Florida
Jametti, Mario; von Ungern-Sternberg, Thomas - 2009
This paper studies the evolution of hurricane insurance in Florida over the last decades. Hurricanes (and other natural catastrophes) are typically referred to as uninsurable" risks. The more exposed property owners find it difficult to obtain insurance cover from the private market and/or can...
Persistent link: https://www.econbiz.de/10010276899
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A fair price for energy? Ownership versus market opening in the EU15
Fiorio, Carlo V.; Florio, Massimo - 2010
In the past two decades privatisation and liberalisation of network industries providing services of general economic interest (SGEI), have been particularly significant in the European Union. Wide variations around a common policy trend can, however, be observed across countries and sectors. We...
Persistent link: https://www.econbiz.de/10010270518
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Government outsourcing: public contracting with private monopoly
Auriol, Emmanuelle; Picard, Pierre M. - 2006
The paper studies the impact of government budget constraint in a pure adverse selection problem of monopoly regulation …. The government maximizes total surplus but incurs some cost of public funds. An alternative to regulation is proposed in …-post with the private firms. This ex-post contracting set-up allows more flexibility than traditional regulation where …
Persistent link: https://www.econbiz.de/10010263923
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State or Private Security Supply? An Analysis from the Institutional Economics Perspective
Bretschneider, Wolfgang; Freytag, Andreas; Rieckmann, … - 2022
The issue of internal security has become increasingly complex over the past decades. As there is an increasing overlap between private and public provision of security, the question of how to allocate responsibility for security between the public sphere (state) and the private sphere has...
Persistent link: https://www.econbiz.de/10013353461
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State or Private Security Supply? An Analysis from the Institutional Economics Perspective
Bretschneider, Wolfgang; Freytag, Andreas; Rieckmann, … - 2022
The issue of internal security has become increasingly complex over the past decades. As there is an increasing overlap between private and public provision of security, the question of how to allocate responsibility for security between the public sphere (state) and the private sphere has...
Persistent link: https://www.econbiz.de/10014080050
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The Efficiency of Educational Production: A Comparison of the Nordic Countries with other OECD Countries
Bogetoft, Peter; Heinesen, Eskil; Tranaes, Torben - 2015
Focusing in particular on upper secondary education, this paper examines whether the relatively high level of expenditure on education in the Nordic countries is matched by high output from the educational sector, both in terms of student enrolment and indicators of output quality in the form of...
Persistent link: https://www.econbiz.de/10011388184
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Government Spending Efficiency in Latin America
Afonso, António; Baquero Fraga, Gabriela - 2022
We assess the public spending efficiency of 20 Latin American countries over the period of 2000-2019, computing Data Envelopment Analysis efficiency scores. For the Public Sector Performance composite indicator, we use the annual data of socio-economic indicators, and for the input measure we...
Persistent link: https://www.econbiz.de/10013470354
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Government Spending and Tax Revenue Decentralization and Public Sector Efficiency: Do Natural Disasters Matter?
Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023
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...
Persistent link: https://www.econbiz.de/10014377399
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Tax Structure and Public Sector Efficiency: New Evidence for Developing Countries
Menescal, Lucas; Alves, José - 2023
This study examines the effects of the tax structure composition for public sector efficiency in a sample of 41 developing countries for the period between 1997-2019. We start by calculating Public Sector Performance (PSP) composite indicators and use them as outputs to compute data envelopment...
Persistent link: https://www.econbiz.de/10014469502
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Regulating national firms in a common market
Biancini, Sara - 2008
We consider the regulation of national firms in a common market. Regulators can influence the production of national …
Persistent link: https://www.econbiz.de/10010264297