Narrow search
Showing 1 - 10 of 210
Cover Image
Revitalising the Silk Road : evidence from railway infrastructure investments in Northwest China
Yu, Bo; Tran, Trang My; Lee, Wang-Sheng - 2022
China’s Belt and Road Initiative was introduced in 2013 to revitalise the Silk Road and promote economic development and integration. This paper investigates the economic effects of the opening of the only high-speed rail (HSR) line in northwest China which connects China’s northwestern...
Persistent link: https://www.econbiz.de/10013330640
Cover Image
Is privatization working in Ukraine? : new estimates from comprehensive manufacturing firm data, 1989 - 2013
Brown, J. David; Earle, John S.; Shpak, Solomiya; … - 2015
data permit us to track the privatization process and to estimate the impact of privatization within industry-year cells … majority privatized versus state-owned firms. The gap increases with time since privatization, reaching about 15-17% five years … after privatization. It also increases with calendar time although recent privatizations are associated with smaller …
Persistent link: https://www.econbiz.de/10011309155
Cover Image
Job satisfaction and self-selection into the public or private sector : evidence from a natural experiment
Danzer, Natalia - 2013
one caused by sector-specific job characteristics. A natural experiment - the massive privatization process in post …-Soviet countries - allows correcting potential self-selection bias. Industry-specific privatization probabilities are assigned to …
Persistent link: https://www.econbiz.de/10010195422
Cover Image
Outsourcing public services : contractibility, cost, and quality
Andersson, Fredrik N. G.; Jordahl, Henrik; Josephson, Jens - 2019
We review the literature on public sector outsourcing to explore if the theoretical predictions from the incomplete contracts literature hold up to recent empirical evidence. Guided by theory, we arrange services according to the type and magnitude of their contractibility problems. The...
Persistent link: https://www.econbiz.de/10012022711
Cover Image
Are rushed privatizations substandard? : analyzing firm-level privatization under fiscal pressure
Hagemejer, Jan; Švejnar, Jan; Tyrowicz, Joanna - 2018
Poland over 1995-2015, we show that rushed privatization has negative efficiency, scale and employment effects relative to … non-rush privatization. The negative effect of rushed privatization on the scale of operations and employment is even … stronger than its negative effect on efficiency. Our results suggest that when policy makers resort to rushed privatization …
Persistent link: https://www.econbiz.de/10011859206
Cover Image
Privatizing disability insurance
Seibold, Arthur; Seitz, Sebastian; Siegloch, Sebastian - 2022
Public disability insurance (DI) programs in many countries face pressure to reduce their generosity in order to remain sustainable. In this paper, we investigate the welfare effects of giving a larger role to private insurance markets in the face of public DI cuts. Exploiting a unique reform...
Persistent link: https://www.econbiz.de/10013382070
Cover Image
Competition and the ratchet effect
Charness, Gary (contributor); Kuhn, Peter Joseph (contributor) - 2008
The 'ratchet effect' refers to a situation where a principal uses private information that is revealed by an agent's early actions to the agent's later disadvantage, in a context where binding multi-period contracts are not enforceable. In a simple, context-rich environment, we experimentally...
Persistent link: https://www.econbiz.de/10003769812
Cover Image
Incentives and the sorting of altruistic agents into street-level bureaucracies
Buurman, Margaretha (contributor);  … - 2008
Many street-level bureaucrats (such as caseworkers) have the dual task of helping some clients, while sanctioning others. We develop a model of such a street-level bureaucracy and study the implications of its personnel policy on the self-selection and allocation decisions of agents who differ...
Persistent link: https://www.econbiz.de/10003778977
Cover Image
Construction contracts (or : "how to get the right building at the right price?")
Chakravarty, Surajeet (contributor);  … - 2006
Most contracts that individuals enter into are not written from scratch; rather, they depend upon forms and terms that have been successful in the past. In this paper, we study the structure of form construction contracts published by the American Institute of Architects (AIA). We show that...
Persistent link: https://www.econbiz.de/10003323165
Cover Image
Task difficulty, performance measure characteristics, and the trade-off between insurance and well-allocated effort
Schnedler, Wendelin (contributor) - 2006
When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10003323166