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When Does Regulation Distort Costs? Lessons from Fuel Procurement in U.S. Electricity Generation
Cicala, Steve - 2014
This paper evaluates changes in fuel procurement practices by coal- and gas-fired power plants in the United States following state-level legislation that ended cost-of-service regulation of electricity generation. I find that deregulated plants substantially reduce the price paid for coal (but...
Persistent link: https://www.econbiz.de/10013054040
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U.S. War Costs : Two Parts Temporary, One Part Permanent
Edwards, Ryan D. - 2010
, are the most overt costs of war. They are also relatively short-lived. The costs of war borne by combatants and their … that a significant component of the public costs associated with U.S. wars are long-lived. One third to one half of the … total present value of historical war costs have been absorbed by benefits distributed over the remaining life spans of …
Persistent link: https://www.econbiz.de/10013142072
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Worker Flows, Entry and Productivity in the New Zealand Construction Industry
Chappell, Nathan - 2018
The 21st century global decline in productivity growth is not well understood. One possible contributor is a decline in economic dynamism. We explore the contribution of firm formation and employee movement to productivity using administrative data on the population of New Zealand construction...
Persistent link: https://www.econbiz.de/10012925878
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The Evolution of a Legal Rule
Niblett, Anthony - 2008
The efficiency of common law rules is central to achieving efficient resource allocation in a market economy. While many theories suggest reasons why judge-made law should tend toward efficient rules, the question whether the common law actually does converge in commercial areas has remained...
Persistent link: https://www.econbiz.de/10012772379
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Developments in Collective Bargaining in Construction in the 1980s and 1990s
Allen, Steven G. - 2021
strategies by contractors and owners to control labor costs and changes in the interpretation of labor laws that have given …
Persistent link: https://www.econbiz.de/10013233864
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Why Construction Industry Productivity is Declining
Allen, Steven G. - 2021
According to unpublished data compiled by BLS, productivity in the construction industry reached a peak in 1968 and, except for a brief and small upturn between 1974 and 1976, has been falling ever since. This paper examines the sources of this productivity decline between 1968 and 1978 by...
Persistent link: https://www.econbiz.de/10013235630
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An Analysis of the Impact of Affirmative Action Programs on Self-Employment in the Construction Industry
Blanchflower, David G.; Wainwright, Jon S. - 2021
The main findings of this paper are that despite the existence of various affirmative action programs designed to improve the position of women and minorities in public construction, little has changed in the last twenty five years. We present evidence showing that where race conscious...
Persistent link: https://www.econbiz.de/10013237950
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Unionization and Productivity in Office Building and School Construction
Allen, Steven G. - 2021
This paper examines the difference in productivity between union and nonunion contractors in the construction industry over a sample of 83 commercial office buildings and another sample of 68 elementary and secondary schools. The popular belief that the building trades unions reduce productivity...
Persistent link: https://www.econbiz.de/10013247440
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Unions and Efficiency in Private Sector Construction : Further Evidence
Allen, Steven G. - 2021
, the impact of unions on efficiency can be gauged only by looking at how unions affect costs, profit rates, and prices …
Persistent link: https://www.econbiz.de/10013214611
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Time-to-Plan Lags for Commercial Construction Projects
Millar, Jonathan N. - 2014
We use a large project-level dataset to estimate the length of the planning period for commercial construction projects in the United States. We find that these time-to-plan lags are long, averaging about 17 months when we aggregate the projects without regard to size and more than 28 months...
Persistent link: https://www.econbiz.de/10013063051