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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 presents the main findings of the Survey for bank financing to small and medium enterprises (SMEs). The key objective was to capture the main features of the "supply side" of SMEs financing in the Republic of North Macedonia and to identify institutional and policy constraints of...
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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