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Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of … longitudinal earnings records for their employees to study the relationship between productivity, management, worker ability, and … and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …
Persistent link: https://www.econbiz.de/10012996465
occurred in Finland in the early 1990s. We find that the sharp drop in real GDP over the period 1990-93 was driven by a … combination of a drop in total factor productivity (TFP) during 1990-92 and of increases in taxes on labor and consumption and … increases in government consumption during 1989-94, which drove down hours worked in Finland. We attempt to endogenize the drop …
Persistent link: https://www.econbiz.de/10012759701
examine the impact of mergers on a large set of outcomes including financial performance, productivity, waiting times and …
Persistent link: https://www.econbiz.de/10013118244
productivity or whether private and public returns to health IT diverge thereby justifying government intervention. We estimate the … change in hospital multi-factor productivity. Not-for-profits invested more heavily and differently in IT than for …
Persistent link: https://www.econbiz.de/10013066185
Medical care is characterized by enormous inefficiency. Costs are higher and outcomes worse than almost all analyses of the industry suggest should occur. In other industries characterized by inefficiency, efficient firms expand to take over the market, or new firms enter to eliminate...
Persistent link: https://www.econbiz.de/10013069807
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
is difficult to measure and potentially confounded with productivity. Rather than relying on clinical or process measures … decompose the joint contribution of quality and unobserved productivity to hospital costs, relying on heterogeneous tastes among … productivity differences. After accounting for these differences, we find that a quality improvement from the 25th percentile to …
Persistent link: https://www.econbiz.de/10012759634
We exploit recent molecular genetics evidence on the genetic basis of arsenic excretion and unique information on family links among respondents living in different environments from a large panel survey within a theoretical framework incorporating optimizing behavior to uncover the hidden costs...
Persistent link: https://www.econbiz.de/10013011455
. Although we find that direct reforms improve medical productivity primarily by reducing malpractice claims rates and …
Persistent link: https://www.econbiz.de/10013217593
manufacturing productivity growth. Other research has suggested that, over the long run, growth in the U.S. economy's 'health output …
Persistent link: https://www.econbiz.de/10013218796