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Poland over 1995-2015, we show that rushed privatization has negative efficiency, scale and employment effects relative to … stronger than its negative effect on efficiency. Our results suggest that when policy makers resort to rushed privatization …, increase or decrease firms' efficiency, scale of operation (size) and employment. Using a large panel of firm-level data from …
Persistent link: https://www.econbiz.de/10011859206
Using the 1997-1998 New South Wales public-hospitals comparison data, we investigate the hospital-level inefficiency by applying a stochastic-frontier multiproduct cost function. We use a flexible translog cost function to reduce the measurement errors of the outputs of the hospital. The main...
Persistent link: https://www.econbiz.de/10003523195
there is a tradeoff as to efficiency and inequality with respect to services that are contracted to private companies in a …
Persistent link: https://www.econbiz.de/10010510615
privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier …
Persistent link: https://www.econbiz.de/10002548972
investigate evidence of IRS at the industry level. Using an econometric approach based on the estimation of the translog cost …. The model accounting for technology did not fit the data well for most sectors. The estimation results without time trend …
Persistent link: https://www.econbiz.de/10009307409
We use income satisfaction data in order to estimate equivalence scales. Our method differs from previous attempts to use satisfaction data for this purpose in that it can be used to estimate or evaluate any given parametric equivalence scale. It can also be employed to investigate specific...
Persistent link: https://www.econbiz.de/10009715075
We model educational investment and labor supply in a competitive economy with home and market production. Heterogeneous workers are assumed to have different productivities both at home and in the workplace. We investigate the degree to which there is under-investment in human capital, and...
Persistent link: https://www.econbiz.de/10003011508
Persistent link: https://www.econbiz.de/10001744055
Foreign language skills represent a form of human capital that can be rewarded in the labor market. Drawing on data from the Adult Education Survey of 2007, this is the first study estimating returns to foreign language skills in Turkey. We contribute to the literature on the economic value of...
Persistent link: https://www.econbiz.de/10010208479
When comparing economic well-being using income or expenditures, an equivalence scale is often used to adjust for differences in characteristics that affect needs. For example, a family of two is assumed to need more income than a single person, but not twice as much due to the economies of...
Persistent link: https://www.econbiz.de/10012213964