Showing 1 - 10 of 28
Fjell and Heywood (2004) show that privatization is not necessarily welfare neutral in mixed oligopolies under a production subsidy if firms move sequentially. We find that the neutrality holds for any time structure if instead an output floor is introduced.
Persistent link: https://www.econbiz.de/10010608094
There is a dearth of research on the determinants of in-kind redistribution. Using dynamic panel data estimations for …
Persistent link: https://www.econbiz.de/10010608095
We argue that subsidized food distribution systems that fail to publicize how much food has been allocated to each local market will experience high rates of theft on the margin as they are expanded. We provide the first comparable cross-section of estimates of subsidized food theft. As...
Persistent link: https://www.econbiz.de/10010594111
We revisit the classic discussion of the endogenous choice of a price or a quantity contract, but in a mixed duopoly. We find that choosing the price contract is a dominant strategy for both firms, whether the goods are substitutes or complements.
Persistent link: https://www.econbiz.de/10010597207
We investigate a mixed oligopoly with misleading advertising competition. We find that, a welfare-maximizing public enterprise always engages in misleading advertising and that, an increase in the number of firms increases the profit and advertising level of each private firm.
Persistent link: https://www.econbiz.de/10010664137
The effects of free of charge state education on income distribution are often studied by allocating government education outlays to households, assuming that these outlays equal the benefit which households attach to state schooling. This paper proposes a demand analysis approach to estimating...
Persistent link: https://www.econbiz.de/10011076538
This paper exploits the unique institutional features of South Africa to estimate the impact of provincial public spending on health, education and transport on firm productivity. Our identification strategy is based on within industry-province differences between firms of the effects of public...
Persistent link: https://www.econbiz.de/10010957609
public expenditure composition. Relying on recent panel cointegration techniques, our findings show that the level of …
Persistent link: https://www.econbiz.de/10011263419
achieving fiscal discipline. Panel evidence strongly supports that balanced budget and expenditure rules help FD to achieve this …
Persistent link: https://www.econbiz.de/10010729445
The paper examines the role of the vertical structure of the public sector for economic growth in Germany in a long?term perspective. A theoretical model shows that, due to spillover effects of public service provision across lower level governments, federal government activities could have...
Persistent link: https://www.econbiz.de/10005097558