Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … 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 …

experiment whether gossip affects the efficiency of human interactions. We let subjects play a trust game. Third parties observe … possibility of gossip is highly efficiency-increasing compared to a situation without any gossip. In two further control … treatments, we show that the mere fact of being observed by third parties cannot explain the efficiency-increasing effect of …

there is a tradeoff as to efficiency and inequality with respect to services that are contracted to private companies in a …

, increase or decrease firms' efficiency, scale of operation (size) and employment. Using a large panel of firm-level data from … 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 …

We study the efficiency in health systems generated by community health teams, a common strategy in low- and middle …

We estimate a measure of well-being efficiency that assesses countries' ability to transform inputs into subjective … Analysis to a sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the … Nordics, are not strictly the most efficient ones. Also, the scores are uncorrelated with economic efficiency. This suggests …