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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 …
Persistent link: https://www.econbiz.de/10013028547
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Do Firms in Countries with Poor Protection of Investor Rights Hold More Cash?
Pinkowitz, Lee - 2012
Managers make different decisions in countries with poor protection of investor rights and poor financial development. One possible explanation is that shareholder-wealth maximizing managers face different tradeoffs in such countries (the tradeoff theory). Alternatively, firms in such countries...
Persistent link: https://www.econbiz.de/10012755812
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Policy Choice : Theory and Evidence from Commitment Via International Trade Agreements
Limão, Nuno - 2010
available and an efficiency ranking is feasible: tariffs vs. non-tariff barriers (NTBs). In our policy choice model a government …
Persistent link: https://www.econbiz.de/10012757990
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Is American Health Care Uniquely Inefficient?
Garber, Alan M. - 2010
The U.S. health system has been described as the most competitive, heterogeneous, inefficient, fragmented, and advanced system of care in the world. In this paper, we consider two questions: First, is the U.S. health care system productively efficient relative to other wealthy countries, in the...
Persistent link: https://www.econbiz.de/10012758481
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Health Insurance Provision and Labor Market Efficiency in the United States
Holtz-Eakin, Douglas - 2010
do not alter this aspect of labor market efficiency …
Persistent link: https://www.econbiz.de/10012762681
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Corporate Taxation and the Efficiency Gains of the 1986 Tax Reform Act
Gravelle, Jane - 2010
.S. industries. The Mutual Production Model developed in Gravelle and Kotlikoff (1989) can be used to study the efficiency gains from … study the steady state efficiency gains associated with the new law. While we do not simulate the economy's transition path … our model's economy's present value of consumption. This efficiency gain reflects the Tax Reform's reduction in corporate …
Persistent link: https://www.econbiz.de/10012762732
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Education, Information, and Efficiency
Welch, Finis - 2010
between education and allocative efficiency. Section I is reprinted from my J.P.E. paper quot;Education in Productionquot …
Persistent link: https://www.econbiz.de/10012763235
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Infrastructure Capital and Economic Growth : How Well You Use it May Be More Important than How Much You Have
Hulten, Charles R. - 2010
and low growth rate economies. Here, more than forty percent of the growth differential is due to the efficiency effect …
Persistent link: https://www.econbiz.de/10012763683
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Expectations, Efficiency, and Euphoria in the Housing Market
Capozza, Dennis R. - 2010
This paper studies expectations of capital appreciation in the housing market. We show that expectations impounded in the rent/price ratio at the beginning of the decade successfully predict appreciation rates, but only if we first control for cross-sectional differences in the quality of rental...
Persistent link: https://www.econbiz.de/10012763729
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An Anatomy of International Trade : Evidence from French Firms
Eaton, Jonathan - 2009
attributed to a single dimension of underlying firm heterogeneity, efficiency. Conditional on entry, underlying efficiency …
Persistent link: https://www.econbiz.de/10012765557