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Does the exercise of the right of self-determination lead to inefficiency? This paper considers a set of centrally planned municipal mergers during the Meiji period, with data from Gifu prefecture. The observed merger pattern can be explained as a social optimum based on a very simple individual...
Persistent link: https://www.econbiz.de/10011333085
In the paper we propose an to evaluation of the environmental effects of consumption activities. The approach consists of two steps, namely (1) assignment of environmental effects to consumption activities, for which we propose to use the methods of (multidimensional) cost sharing, and (2) a...
Persistent link: https://www.econbiz.de/10011597997
This paper analyzes vertical integration incentives in a bilaterally duopolistic industry where input market outcomes are determined by bargaining. Vertical integration incentives are a combination of horizontal integration incentives up- and downstream and depend on the strength of...
Persistent link: https://www.econbiz.de/10013258145
Persistent link: https://www.econbiz.de/10003629701
This paper investigates the link between competition and efficiency for the Hungarian corporate sector during various … estimated production functions indicate a gradual improvement in efficiency and a shift from decreasing to increasing returns to … efficiency of the firm. …
Persistent link: https://www.econbiz.de/10011545481
regression is fitted to identify which elements suggested in the literature are the most influential on the technical efficiency … levels of expenditure and basic health achievements; (b) that spatial patterns of efficiency are correlated to economic … performance, but also to locally specific relevant differences; (c) and that positive determinants of efficiency are given by …
Persistent link: https://www.econbiz.de/10011515673
Persistent link: https://www.econbiz.de/10010408959
We propose a measure of well-being efficiency to assess countries' ability to transform inputs into subjective well … sample of 126 countries. Efficiency scores reveal that high ranking subjective well-being countries, such as the Nordics, are … not strictly the most efficient ones. Also, the scores are uncorrelated with economic efficiency. This means that the …
Persistent link: https://www.econbiz.de/10013164102
function with a timevariable stochastic efficiency term we show that positive scale and scope effects from a merger arise only … efficiency as the acquiring firms. For the post-merger phase, our empirical results provide no evidence for efficiency gains from …
Persistent link: https://www.econbiz.de/10009781750
The main subject of theoretical-empirical study presented in this paper is economic efficiency of companies listed on … essence and assessment measures of companies' economic efficiency. The second part presents the results of a comparative … empirical research on economic efficiency of the companies listed on the Warsaw Stock Exchange and included in the WIG30 index …
Persistent link: https://www.econbiz.de/10012002139