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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; Ōtsuka, Keijirō - 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

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

Common Practice : Spillovers from Medicare on Private Health Care

Barnett, Michael L. - 2020

Efforts to raise the productivity of the U.S. health care system have proceeded slowly. One potential explanation is the fragmentation of payment across insurers. Each insurer's efforts to improve care could influence how doctors practice medicine for other insurers, leading to unvalued...

Persistent link: https://www.econbiz.de/10012832460

The Rise of State-Connected Private Owners in China

Bai, Chong-En; Hsieh, Chang-Tai; Song, Zheng (Michael); … - 2021

We use administrative registration records with information on the owners of all Chinese firms to document their connections through equity investments. We show that the largest private owners have direct equity ties with state owners, the next largest private owners have equity ties with...

Persistent link: https://www.econbiz.de/10014090294

Collective Choice and Voluntary Provision of Public Goods

Epple, Dennis N. - 2018

Some public goods are provided entirely with private contributions, others with a mixture of public and private funding, and still others are entirely publicly funded. To explain this variation, a model of dual provision is developed that endogenizes public and private funding. Members of the...

Persistent link: https://www.econbiz.de/10012920474

Borrowing Constraints and Two-Sided Altruism with an Application to Social Security

Davis, Steven J.; Altig, David - 2021

We develop the implications of borrowing constraints and two-sided altruism in an overlapping generations framework with agents who live three periods. Our analysis identifies six equilibrium patterns of intertemporal and intergenerational linkages in the no-loan economy, one of which...

Persistent link: https://www.econbiz.de/10013240635

Public Versus Private Risk Sharing

Krueger, Dirk - 2010

Can public insurance through redistributive income taxation improve the allocation of risk in an economy in which private risk sharing is limited? The answer depends crucially on the fundamental friction that limits private risk sharing in the first place. If risk sharing is incomplete because...

Persistent link: https://www.econbiz.de/10013149824

Is Public R&D a Complement or Substitute for Private R&D? A Review of the Econometric Evidence

David, Paul A.; Hall, Bronwyn H.; Toole, Andrew A. - 2021

Is public R&D spending complementary and thus "additional" to private R&D spending, or does it substitute for and tend to "crowd out" private R&D? Conflicting answers are given to this question. We survey the body of available economectric evidence accumulated over the past 35 years. A framework...

Persistent link: https://www.econbiz.de/10013245706

Unions and Efficiency in Private Sector Construction : Further Evidence

Allen, Steven G. - 2021

Previous studies using micro data to estimate the impact of unions on productivity in construction in the early 1970's have found productivity to be higher for union than nonunion contractors in the private sector. The validity of these studies has been questioned in light of the declining...

Persistent link: https://www.econbiz.de/10013214611

Toward an Efficiency Rationale for the Public Provision of Private Goods

Fang, Hanming - 2008

This paper shows that public provision of private goods may be justified on pure efficiency grounds in an environment where individuals consume both public and private goods. The government's involvement in the provision of private goods provides it with information about individuals' private...

Persistent link: https://www.econbiz.de/10012772722