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Healthcare Exceptionalism? Performance and Allocation in the U.S. Healthcare Sector

Chandra, Amitabh - 2018

The conventional wisdom in health economics is that idiosyncratic features of the healthcare sector leave little scope for market forces to allocate consumers to higher performance producers. However, we find robust evidence across a variety of conditions and performance measures that higher...

Persistent link: https://www.econbiz.de/10012936864

From Good to Bad Concentration? U.S. Industries Over the Past 30 Years

Covarrubias, Matias - 2019

We study the evolution of profits, investment and market shares in US industries over the past 40 years. During the 1990's, and at low levels of initial concentration, we find evidence of efficient concentration driven by tougher price competition, intangible investment, and increasing...

Persistent link: https://www.econbiz.de/10012867646

Healthcare Exceptionalism? Productivity and Allocation in the U.S. Healthcare Sector

Chandra, Amitabh - 2014

The conventional wisdom in health economics is that large differences in average productivity across hospitals are the result of idiosyncratic, institutional features of the healthcare sector which dull the role of market forces. Strikingly, however, we find that productivity dispersion in heart...

Persistent link: https://www.econbiz.de/10013063567

On the Persistent Financial Losses of U.S. Airlines : A Preliminary Exploration

Borenstein, Severin - 2011

U.S. airlines have lost nearly $60 billion (2009 dollars) in domestic markets since deregulation, most of it in the last decade. More than 30 years after domestic airline markets were deregulated, the dismal financial record is a puzzle that challenges the economics of deregulation. I examine...

Persistent link: https://www.econbiz.de/10013130786

Merger Policy and Innovation : Must Enforcement Change to Account for Technological Change?

Katz, Michael L.; Shelanski, Howard A. - 2022

beyond its traditional focus on static efficiency to account for innovation and address dynamic efficiency. Innovation can … fundamentally affect merger analysis in two ways. First, innovation can dramatically affect the relationship between the pre …-merger marketplace and what is likely to happen if a proposed merger is consummated. Thus, innovation can fundamentally influence the …

Persistent link: https://www.econbiz.de/10013324630

Would You Buy a Honda Made in the U.S.? The Impact of Production Location on Manufacturing Quality

Lacetera, Nicola - 2014

Are location-specific factors--such as the education and attitude of the local workforce, supplier networks, institutional infrastructure, and local "culture"--important for understanding persistent heterogeneities among firms? We address this question in the context of the automobile industry....

Persistent link: https://www.econbiz.de/10013066220

"The Best Price You'll Ever Get" the 2005 Employee Discount Pricing Promotions in the U.S. Automobile Industry

Busse, Meghan R. - 2007

During the summer of 2005, the Big Three U.S. automobile manufacturers offered a customer promotion that allowed customers to buy new cars at the discounted price formerly offered only to employees. The initial months of the promotion were record sales months for each of the Big Three firms,...

Persistent link: https://www.econbiz.de/10012776854

Competitors, Complementors, Parents and Places : Explaining Regional Agglomeration in the U.S. Auto Industry

Cabral, Luis M. B. - 2018

Taking the early U.S. automobile industry as an example, we evaluate four competing hypotheses on regional industry agglomeration: intra-industry local externalities, inter-industry local externalities, employee spinouts, and location fixed-effects. Our findings suggest that inter-industry...

Persistent link: https://www.econbiz.de/10012937840

The Non-Optimality of Optimal Trade Policy : The U.S. Automobile Indust Ry Revisited, 1979-1985

Krishna, Kala - 2010

We examine the sensitivity of simple calibration models of trade in imperfectly competitive industries to changes in model specification, as well as to changes in the calibration parameters. We find that not just the magnitude, but also the sign of the optimal trade policies is very sensitive to...

Persistent link: https://www.econbiz.de/10012760165

The Extent and Sources of Cost and Efficiency Differences between U.S. And Japanese Automobile Producers

Fuss, Melvyn; Waverman, Leonard - 2021

In this paper we present for the first time estimates of cost and efficiency differences between U.S. and Japanese producers based on an econometric cost function methodology rather than the accounting frameworks previously used. We demonstrate that the cost difference estimates for 1979 which...

Persistent link: https://www.econbiz.de/10013218735

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