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Contracting for Government Services : Theory and Evidence from U.S. Cities

Levin, Jonathan - 2010

Local governments can provide services with their own employees or by contracting with private or public sector providers. We develop a model of this quot;make-or-buyquot; choice that highlights the trade-off between productive efficiency and the costs of contract administration. We construct a...

Persistent link: https://www.econbiz.de/10012759893

Privatization in the United States

Lopez de Silanes, Florencio; Shleifer, Andrei; Vishny, … - 2021

government employees and contracting out to private suppliers, also known as privatization. We examine empirically how United … laws restricting county spending encourage privatization, whereas strong public unions discourage it. The evidence is … by political patronage and taxpayer resistance to government spending in the privatization decision …

Persistent link: https://www.econbiz.de/10013222637

Private Returns to Public Office

Fisman, Raymond J. - 2012

We study the wealth accumulation of Indian parliamentarians using public disclosures required of all candidates since 2003. Annual asset growth of winners is on average 3 to 6 percentage points higher than runners-up. By performing a within-constituency comparison where both runner-up and winner...

Persistent link: https://www.econbiz.de/10013106303

Sales Force and Competition in Financial Product Markets : The Case of Mexico's Social Security Privatization

Hastings, Justine S. - 2014

This paper examines how sales force impact competition and equilibrium prices in the context of a privatized pension market. We use detailed administrative data on fund manager choices and worker characteristics at the inception of Mexico's privatized social security system, where fund managers...

Persistent link: https://www.econbiz.de/10013064396

The Land that Lean Manufacturing Forgot? Management Practices in Transition Countries

Bloom, Nicholas - 2014

We have conducted the first survey on management practices in transition countries. We found that Central Asian transition countries, such as Uzbekistan and Kazakhstan, have on average very poor management practices. Their average scores are below emerging countries such as Brazil, China and...

Persistent link: https://www.econbiz.de/10013067648

Private Politics and Public Regulation

Egorov, Georgy - 2013

We develop a dynamic game to explore the interaction between regulation and private policies, such as self-regulation by firms and activism. Without a public regulator, the possibility of self-regulation is bad for the firm, but good for activists who are willing to maintain a costly boycott to...

Persistent link: https://www.econbiz.de/10013071787

China's Land Market Auctions : Evidence of Corruption

Cai, Hongbin - 2010

This paper studies the urban land market in China in 2003--2007. In China, all urban land is owned by the state. Leasehold use rights for land for (re)development are sold by city governments and are a key source of city revenue. Leasehold sales are viewed as a major venue for corruption,...

Persistent link: https://www.econbiz.de/10013152507

Private and Public Supply of Liquidity

Holmström, Bengt R. - 2008

This paper addresses a basic yet unresolved question: Do claims on private assets provide sufficient liquidity for an efficient functioning of the productive sector? Or does the State have a role in creating liquidity and regulating it either through adjustments in the stock of government...

Persistent link: https://www.econbiz.de/10012774968

Do Private Prisons Affect Criminal Sentencing?

Dippel, Christian - 2019

Using a newly constructed complete monthly panel of private and public state prisons, we ask whether private prisons impact judges' sentencing decisions in their state. We employ two identification strategies, a difference-in-difference strategy comparing court-pairs that straddle state-borders,...

Persistent link: https://www.econbiz.de/10012889061

Do Public Firms Respond to Industry Opportunities More than Private Firms? The Impact of Initial Firm Quality

Maksimovic, Vojislav - 2019

We track firms at birth and compare the growth pattern of IPO firms and their birth-matched counterparts. Firms that are larger at birth with faster initial growth are more likely to attain a larger size later in life and go public. Firms in the top percentile of predicted propensity to go...

Persistent link: https://www.econbiz.de/10012890903

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