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Strategy and structure: corporate restructuring and the scope and characteristics of sunk costs
Clark, Gordon L. - 1994
Most studies of industrial restructuring and regional adjustment are focused upon the local consequences or causes of restructuring. Few studies are focused upon corporate strategy, an essential ingredient for a better understanding of the motive forces behind restructuring. This paper is an...
Persistent link: https://www.econbiz.de/10009441457
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Capital Liquidity, Productivity Dispersion and Market Structure
Sivadasan, Jagadeesh - 2007
We propose an industry-level index of capital liquidity -- defined as the share of used capital in aggregate industry capital expenditure -- that relates (inversely) to sunkenness of capital investment. We then test the effect of capital liquidity on the dispersion and mean of industry...
Persistent link: https://www.econbiz.de/10009476588
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Measuring and decomposing agricultural productivity and profitability change
O'Donnell, Christopher J. - 2010
Profitability change can be decomposed into the product of a total factor productivity (TFP) index and an index measuring changes in relative prices. Many TFP indexes can be further decomposed into measures of technical change, technical efficiency change, scale efficiency change and mix...
Persistent link: https://www.econbiz.de/10009448346
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Economies of scale in the Food Stamp program : February 1985.
Nelson, Lyle.; Beebout, Harold.; Skidmore, Felicity.; … - 1985
Abstract: A detailed report for food policy makers and economists reviews the concepts and existing research findings on establishing economy of scale adjustments in order to assess whether such adjustments would be justifiable for the US Food Stamp Program (FSP). Following an evaluation of...
Persistent link: https://www.econbiz.de/10009429503
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Anreizregulierung von Stromübertragungsnetzen: Eine Systemanalyse in Bezug auf ausgewählte Renditeeffekte
Dehmel, Felix - 2011
Die vorliegende Arbeit beinhaltet im deskriptiven Teil Erläuterungen der wesentlichen netzentgeltrelevanten Regulierungskonzepte, eine Aufarbeitung der Marktgegebenheiten sowie eine ausführliche Beschreibung der deutschen Anreizregulierung von Energieversorgungsnetzen. Regulierte Erlöse...
Persistent link: https://www.econbiz.de/10009447141
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Infrastructure investment in network industries: The role of incentive regulation and regulatory independence
Egert, Balazs - 2009
changed investment in network industries. According to the theoretical literature, regulatory uncertainty exposes both types … of regimes to the danger of underinvestment. However, regulatory uncertainty is arguably higher under rate … regulation implemented jointly with an independent sector regulator (indicating lower regulatory uncertainty) has a strong …
Persistent link: https://www.econbiz.de/10009477393
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Regulation of private health insurance premiums: Can performance assessment play a greater role?
Carrington, Roger; Coelli, Tim; Rao, D. S. Prasada - 2008
Private health insurance premiums in Australia are regulated by the Commonwealth Government. Premium increases often well exceed the national consumer price index, which suggests that consumers are not receiving value for money for health insurance products. The current regulatory framework does...
Persistent link: https://www.econbiz.de/10009448751
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Three empirical essays on mergers and regulation in the telecommunications industry
Seo, Daigyo - 2007
Doctor of Philosophy
Persistent link: https://www.econbiz.de/10009463993
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Recent Applications of Economic Theory in Information Technology Research
Yannis, Bakos; Kemerer, C.F. - 1992
Academicians and practitioners are becoming increasingly interested inthe economics of Information Technology (IT). In part, this intereststems from the increased role that IT now plays in the strategicthinking of most large organizations, and from the significant dollarcosts expended by these...
Persistent link: https://www.econbiz.de/10009435059
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A Dynamic Equilibrium Model of Real Exchange Rates with General Transaction Costs
GOSWAMI, GAUTAM; SHRIKHANDE, MILIND; WU, LIUREN - 2002
We study the behavior of real exchange rates in a two-country dynamic equilibrium model. In this model, consumers can only consume domestic goods but can invest costlessly in capital stocks of both countries. Nevertheless, transporting goods between the two countries is costly and, hence, the...
Persistent link: https://www.econbiz.de/10009440709