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Former foreign affiliates : cast out and outperformed?

Javorcik, Beata K. Smarzynska; Poelhekke, Steven - 2014

plants exist. The results indicate that divestment is associated with a drop in total factor productivity accompanied by a …

Persistent link: https://www.econbiz.de/10010384393

Strategic versus financial investors : the role of strategic objectives in financial contracting

Arping, Stefan; Falconieri, Sonia - 2009

penalize poorly performing entrepreneurs by terminating their projects. Based on this tradeoff we develop a theory of financing …

Persistent link: https://www.econbiz.de/10011378146

Banking competition and soft budget constraints : how market power can threaten discipline in lending

Arping, Stefan - 2012

Persistent link: https://www.econbiz.de/10010190982

Total factor productivity and the Mongolian transition

Chessa, Antonio G.; Schouwstra, Marije C. - 2005

Total Factor Productivity (TFP)is often used on the macro-economic level as an indicator of changes in efficiency of a … increasing and become positive after a (quite a) few years of transition. Many authors conclude that this is a gain in efficiency … increases in efficiency. To investigate this, the mathematical properties of TFP are analysed in order to generate new insights …

Persistent link: https://www.econbiz.de/10011346474

Dynamic efficiency of product market competition

Hinloopen, Jeroen; Vandekerckhove, Jan - 2007

We consider the efficiency of Cournot and Bertrand equilibria in a duopoly with substitutable goods where firms invest …

Persistent link: https://www.econbiz.de/10011373823

Efficiency effects of unit-based pricing systems and institutional choices of waste collection

Dijkgraaf, Elbert; Gradus, Raymond - 2014

Much attention has been paid to the influence of the institutional form of waste collection on costs. We extend this literature in three directions by including the unit-based pricing system. First, we show that unit-based pricing systems are more important from a cost-minimizing point of view...

Persistent link: https://www.econbiz.de/10010226974

Understanding the role of the Public Employment Agency

Holzner, Christian; Watanabe, Makoto - 2016

Using a unique vacancy dataset, we find that the Public Employment Agency (PEA) distributes workers more evenly across vacancies than the private market. We investigate the implications of having such a market place by using a directed search model, where firms can search via the PEA or the...

Persistent link: https://www.econbiz.de/10011479827

Managerial talent, motivation, and self-selection into public management

Delfgaauw, Josse; Dur, Robert A. J. - 2008

The quality of public management is a recurrent concern in many countries. Calls to attract the economy's best and brightest managers to the public sector abound. This paper studies self-selection into managerial and non-managerial positions in the public and private sector, using a model of a...

Persistent link: https://www.econbiz.de/10011377112

Incentives and workers' motivation in the public sector

Delfgaauw, Josse; Dur, Robert A. J. - 2006

Civil servants have a reputation for being lazy. However, people's personal experiences with civil servants frequently run counter to this stereotype. We develop a model of an economy in which workers differ in laziness and in public service motivation, and characterise optimal incentive...

Persistent link: https://www.econbiz.de/10011335183

Contracting out, an empirical study on motives

Wassenaar, Mattheus C.; Groot, Thomas L.; Gradus, Raymond - 2010

both public choice and transaction costs theory - have not yet provided a fully comprehensive explanation for municipal …, and then, the efficiency motive is most relevant. However, we conclude that institutional motives – as the stability of …

Persistent link: https://www.econbiz.de/10011382498

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