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Fuzzy Frontiers of Production : Evidence of Persistent Inefficiency in Safety Expenditures

Ichniowski, Casey - 2021

This study documents a strong inverse relationship between accident rates and production in a sample of eleven firms in the same narrowly defined industry classification. Given the detailed set of input controls and controls for plant-specific and time-specific factors used in the analysis, the...

Persistent link: https://www.econbiz.de/10013236836

Financial Constraints and Innovation : Why Poor Countries Don't Catch Up

Gorodnichenko, Yuriy - 2014

's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements …

Persistent link: https://www.econbiz.de/10013070230

Reconciling Models of Diffusion and Innovation : A Theory of the Productivity Distribution and Technology Frontier

Benhabib, Jess - 2017

We study how innovation and technology diffusion interact to endogenously determine the shape of the productivity … similar goods. The balance of adoption and innovation determines the shape of the distribution; innovation stretches the … of innovators. While innovation drives long-run growth, changes in the adoption environment can influence growth by …

Persistent link: https://www.econbiz.de/10012964404

External Validity in Fuzzy Regression Discontinuity Designs

Bertanha, Marinho - 2014

Many empirical studies use Fuzzy Regression Discontinuity (FRD) designs to identify treatment effects when the receipt of treatment is potentially correlated to outcomes. Existing FRD methods identify the local average treatment effect (LATE) on the subpopulation of compliers with values of the...

Persistent link: https://www.econbiz.de/10013039759

A Fuzzy Logic Approach Toward Solving the Analytic Maze of Health System Financing

Chernichovsky, Dov; Bolotin, Arkady; de Leeuw, David - 2021

Improved health, equity, macro-economic efficiency, efficient provision of care, and client satisfaction are the common …

Persistent link: https://www.econbiz.de/10013246051

Efficient Recapitalization

Philippon, Thomas - 2009

We analyze government interventions to recapitalize a banking sector that restricts lending to firms because of debt overhang. We find that the efficient recapitalization program injects capital against preferred stock plus warrants and conditions implementation on sufficient bank participation....

Persistent link: https://www.econbiz.de/10013160157

Individuals and Organizations as Sources of State Effectiveness

Best, Michael - 2017

How important are bureaucrats for the productivity of the state? And to what extent do the tradeoffs between different policies depend on the implementing bureaucrats' effectiveness? Using data on 16million public procurement purchases in Russia during 2011–2016, we show that over 40 percent...

Persistent link: https://www.econbiz.de/10012957383

How Does Corporate Governance Risk at Home Affect Investment Choices Abroad?

Kim, Woochan - 2010

Disparity between control and ownership rights gives rise to the risk of tunneling by the controlling shareholder, and is prevalent in many emerging market economies and present in some developed countries. At the same time, international investors come from different countries whose home...

Persistent link: https://www.econbiz.de/10012759626

On the Timing and Efficiency of Creative Destruction

Caballero, Ricardo J. - 2010

This paper analyzes the timing, pace and efficiency of the on- going job reallocation that results from product and … process innovation. There are strong reasons why an efficient economy ought to concentrate both job creation and destruction … policies can restore economic efficiency …

Persistent link: https://www.econbiz.de/10013139984

Risks to the Returns to Medical Innovation : The Case of Myriad Genetics

Clemens, Jeffrey P. - 2015

discuss the implications of the risks we analyze for the total volume of medical innovation and for its organization across …

Persistent link: https://www.econbiz.de/10013017486

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