Showing 1 - 10 of 2,257
Recruiting agents, or "programs" costly screen “applicants” in matching processes, and congestion in a market increases … costs can be used as a Pigouvian tax. Higher costs reduce congestion by discouraging applicants from applying to certain … experimental and structural estimates show that a (low) application cost effectively reduces congestion without harming match …
Persistent link: https://www.econbiz.de/10011950544
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
/resident happiness and/or reducing productivity of employers. -- Agglomeration ; urbanization economies ; congestion ; regional …
Persistent link: https://www.econbiz.de/10003919879
necessary. -- Commuting cost ; congestion tax ; labour supply …
Persistent link: https://www.econbiz.de/10003941788
" congestion (LC) - where MC > AC and both increase with output. I identify two additional congestion categories, "high" (HC) and … "super" (SC) congestion - where AC is backward-bending and MC < 0. Using a general equilibrium model, I derive the open …
Persistent link: https://www.econbiz.de/10012286195
a general equilibrium model to examine the steady-state impact of changes in a small economy's NR congestion under open … access and optimal regulation. This issue has often been examined under 'low' congestion (LC) – with MC > AC and both upward … sloping. Two more categories, 'high' (HC) and 'super' (SC) congestion – whose AC is backwardbending and MC < 0 – are …
Persistent link: https://www.econbiz.de/10012509173
and wages move in the same direction under neo-classical assumptions, agglomeration economies in production, congestion in … congestion in production or the agglomeration in consumption models. The micro-economics of such consumption … thus suggest that consumption-oriented agglomeration and congestion should receive more attention in the future …
Persistent link: https://www.econbiz.de/10003737642
A decline in poverty generally masks regional disparities that are due to varying efficiency among states. Using a generalized true random-effects model, we distinguish between persistent and transient inefficiencies on subnational efficiency to reduce poverty and its determinants in Bolivia....
Persistent link: https://www.econbiz.de/10014486352
We examine the educational production function and efficiency of public school districts in Illinois. Using nonparametric kernel methods, we find that most traditional schooling inputs are irrelevant in determining test scores (even in a very general setting). Property tax caps are the only...
Persistent link: https://www.econbiz.de/10011517673
We propose a new methodology to estimate the share of household income accruing to children (i.e., the cost of children). Following the principle of the Rothbarth approach, the identification of the children's share requires the observation of at least one adult-specific good. However, our...
Persistent link: https://www.econbiz.de/10003931950