Showing 1 - 10 of 100
This paper investigates the urbanization of the Indian manufacturing sector by combining enterprise data from formal and informal sectors. We find that plants in the formal sector are moving away from urban and into rural locations, while the informal sector is moving from rural to urban...
Persistent link: https://www.econbiz.de/10011227923
Standard policies to correct market power and selection can be misguided when these two forces co-exist. Using a calibrated model of employer-sponsored health insurance, we show that the risk adjustment commonly used by employers to offset adverse selection often reduces the amount of...
Persistent link: https://www.econbiz.de/10010890106
entry rates and increases in plant productivity. These results are not present for districts located on another major …
Persistent link: https://www.econbiz.de/10010950745
the entry was mainly found among household-based establishments. We measure and discuss the extent to which this …
Persistent link: https://www.econbiz.de/10010950817
Many economic decisions involve a binary choice - for example, when consumers decide to purchase a good or when firms decide to enter a new market. In such settings, agents' choices often depend on imperfect expectations of the future payoffs from their decision (expectational error) as well as...
Persistent link: https://www.econbiz.de/10010951018
between models of entry and quantifying the revenue gains from improving auction design. The approach builds on Bulow and …
Persistent link: https://www.econbiz.de/10010951042
This paper proposes that quality differentiation is an important feature of the operations of multi-product firms. We develop a model in which manufacturers vary product quality across their product range by using inputs of different quality levels. Firms' core competency is in varieties of...
Persistent link: https://www.econbiz.de/10010951043
The US health care sector is large and growing - health care spending in 2011 amounted to $2.7 trillion and 18% of GDP. Approximately half of health care output is allocated via markets. In this paper, we analyze the industrial organization literature on health care markets focusing on the...
Persistent link: https://www.econbiz.de/10010951264
counterfactual bid functions. This routine is nested as the second stage of a static entry game that models the Capacity Market, an … predictions from short run models, while decreasing Capacity Market prices and total entry. Second, although the increased demand … relative to forestalled entry. Third, I find that the gross welfare gains from moving a typical consumer to the Smart Grid …
Persistent link: https://www.econbiz.de/10011271447
This paper examines the impact of the deregulation of compulsory industrial licensing in India on firm-size dynamics and the reallocation of resources within industries over time. Following deregulation, we find that the extent of resource misallocation declines and a considerable thickening of...
Persistent link: https://www.econbiz.de/10011276104