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Productivity Effects of Tve Privatization : The Case Study of Garment and Metal Casting Enterprises in the Greater Yangtze River Region

Sonobe, Tetsushi; Otsuka, Keijiro - 2021

While it is by now well known that the privatization of township- and village-run enterprises (TVREs) has been rapidly … and widely taking place in China, it is much less known whether and to what extent privatization has improved resource … allocation and productivity. As a first step toward the fuller understanding of the effect of privatization, this study …

Persistent link: https://www.econbiz.de/10013233007

Does Agriculture Generate Local Economic Spillovers? Short-Run and Long-Run Evidence from the Ogallala Aquifer

Hornbeck, Richard - 2012

Agricultural development may support broader economic development, though agricultural expansion may also crowd-out local non-agricultural activity. On the United States Plains, areas over the Ogallala aquifer experienced windfall agricultural gains when post-WWII technologies increased farmers'...

Persistent link: https://www.econbiz.de/10013100368

Monetary Stimulus Amidst the Infrastructure Investment Spree : Evidence from China's Loan-Level Data

Chen, Kaiji; Gao, Haoyu; Higgins, Patrick C.; Waggoner, … - 2022

We study the impacts of the 2009 monetary stimulus and its interaction with infrastructure spending on credit allocation. We develop a two-stage estimation approach and apply it to China's loan-level data that covers all sectors in the economy. We find that except for the manufacturing sector,...

Persistent link: https://www.econbiz.de/10013289458

The Effects of Hospital Ownership on Medical Productivity

Kessler, Daniel P.; McClellan, Mark B. - 2021

To develop new evidence on the effects of hospital ownership and other aspects of hospital market composition on health care productivity, we analyze longitudinal data on the medical expenditures and health outcomes of the vast majority of nonrural elderly Medicare beneficiaries hospitalized for...

Persistent link: https://www.econbiz.de/10013230582

State Capitalism vs. Private Enterprise

Chen, Donghua - 2015

We study the efficiency of capital allocations at state-controlled and privately owned business groups in China. Using highly granular data on within-group capital transfers, we document stark differences: while private groups allocate more capital to units with better investment opportunities,...

Persistent link: https://www.econbiz.de/10013028547

Informal Employment in a Growing and Globalizing Low-Income Country

McCaig, Brian - 2015

We document several facts about workforce transitions from the informal to the formal sector in Vietnam, a fast growing, industrializing, and low-income country. First, younger workers, particularly migrants, are more likely to work in the formal sector and stay there permanently. Second, the...

Persistent link: https://www.econbiz.de/10013029541

Maternal Education, Parental Investment and Non-Cognitive Skills in Rural China

Leight, Jessica - 2016

The importance of non-cognitive skills in determining long-term human capital and labor market outcomes is widely acknowledged, but relatively little is known about how educational investments by parents may respond to non-cognitive skills early in life. This paper evaluates the parental...

Persistent link: https://www.econbiz.de/10012992648

Does Social Security Privatization Produce Efficiency Gains?

Nishiyama, Shinichi; Smetters, Kent A. - 2021

face uninsurable risks. We simulate a stylized 50-percent privatization using an overlapping-generations model where … insurable, privatization produces about $21,900 of new resources for each future household (growth adjusted over time) after all …, privatization reduces efficiency by about $5,600 per future household despite improved labor supply incentives.We check the …

Persistent link: https://www.econbiz.de/10013210603

Efficient Local Government Service Provision : the Role of Privatization and Public Sector Unions

Jerch, Rhiannon - 2016

among top 20 largest cities by population. We estimate the cost savings from privatization and explore the political economy … of why privatization rates are lower in high cost unionized areas. Our analysis finds that the full privatizaton could …

Persistent link: https://www.econbiz.de/10012996392

Airports and Urban Growth : Evidence from a Quasi-Natural Policy Experiment

Blonigen, Bruce A. - 2012

While significant work has been done to examine the determinants of regional development, there is little evidence on the contribution of air services toward this outcome. This paper exploits the unexpected market changes induced by the 1978 Airline Deregulation Act to bring new evidence on the...

Persistent link: https://www.econbiz.de/10013102197