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This paper investigates the efficiency of the public sector in a sense of public performance and expenditures. For 23 …, security and infrastructure. We use several efficiency techniques (FDH, order-m) and investigate input- and output …-oriented efficiency of the public sector. We find that countries with small public sectors tend to be more efficient no matter which …
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We examine the efficiency gains in health systems generated after the national roll out of basic healthcare in El …-specialized health workers improves efficiency, maintaining quality of care. …
Persistent link: https://www.econbiz.de/10014536287
This paper examines the implications of that workers may not be able to estimate their true costs of acquiring skills. Consequently, too few workers may acquire skills. This allows for the possibility that subsidizing education is welfare improving. Furthermore, if the presence of skill-biased...
Persistent link: https://www.econbiz.de/10012142293
We examine welfare e ffects of real-time pricing in electricity markets. Before stochastic energy demand is known, competitive retailers contract with final consumers who exogenously do not have real-time meters. After demand is realized, two electricity generators compete in a uniform price...
Persistent link: https://www.econbiz.de/10012142375
productivity growth than other firms. Moreover, automation improves the efficiency of all stages of the production process by … reducing setup time, run time, and inspection time and increasing uptime and quantity produced per worker. The efficiency …
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