Showing 1 - 10 of 1,654
We study contestability in non-profit markets when non-commercial providers supply a homogeneous collective good through increasing-returns-to-scale technologies. Unlike in the case of for-profit competition, in the non-profit case the absence of price-based sales contracts means that fixed...
Persistent link: https://www.econbiz.de/10010418091
How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated impulse-response functions.A combination of...
Persistent link: https://www.econbiz.de/10012428917
test of organizational efficiency based on the Beardwood-Halton-Hammersley (1959) theorem of combinatorial optimization. …
Persistent link: https://www.econbiz.de/10013288044
Research and Development (R&D) activities of emerging countries (EMEs) have increased considerably in recent years. Recent micro studies and anecdotal evidence points to industrialized countries as the sources of knowledge in EMEs. In this context, we examine ideas production and international...
Persistent link: https://www.econbiz.de/10011752254
An ongoing debate in the literature on efficiency of higher education institutions concerns the indicator for research …. We show that there is a high correlation of efficiency values between the estimations using these indicators; however …
Persistent link: https://www.econbiz.de/10011853185
Economic theory advances various arguments in favor of and against privatizing education. In this paper we investigate the extent to which these arguments influence voters opinions. We analyze two popular referenda in which some 400,000 voters in two Swiss cantons expressed their opinions on the...
Persistent link: https://www.econbiz.de/10011508114
The purpose of this paper is to compare the cost efficiency of private and public property insurance providers in …, using estimation techniques that correct for measurement error. We develop tools to cope with heteroskedasticity in such …
Persistent link: https://www.econbiz.de/10011507834
subsequently employs extreme bounds analysis to establish the determinants of foreign bank efficiency that are robust to model …This study applies parametric distance functions to estimate the efficiency of foreign banks in Australia, and … efficiency of the profit-creation process. The market share of the incumbent banks acts as a barrier to entry to efficiency in …
Persistent link: https://www.econbiz.de/10003203376
government share in GDP; and as a measure of government efficiency, we construct an index by following the methodology of Afonso … efficiency. Specifically, while a larger size of government is bad for incentives when one ignores efficiency, the results change … drastically when government efficiency is also taken into account. Only when our measure of size exceeds our measure of efficiency …
Persistent link: https://www.econbiz.de/10002746122
We exploit the outset of a regulation seeking to improve judicial efficiency through the rearrangement of courts … reform on both judicial efficiency and Non-Performing Loans ratio. Furthermore, we identify heterogeneous effects based on … indirectly (through judicial efficiency) and directly, thereby influencing borrowers who react to the perceived enforcement. …
Persistent link: https://www.econbiz.de/10012485338