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Irreversible investment, capital costs and productivity growth : implications for telecommunications
Bernstein, Jeffrey Ian; Mamuneas, Theofanis P. - 2007
This paper develops a model incorporating costly disinvestment and estimates the associated commitment premium required to invest in telecommunications. Results indicate that the irreversibility premium raises the opportunity cost of capital by 70 percent. This implies an average annual hurdle...
Persistent link: https://www.econbiz.de/10003508939
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Analyzing firm performance in the insurance industry using frontier efficiency methods
Cummins, John David; Weiss, Mary A. - 1998
Persistent link: https://www.econbiz.de/10001424379
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Productivity growth and regulation of P-L insurance : 1980 - 1984
Weiss, Mary A. - In: Journal of productivity analysis 2 (1990) 1, pp. 15-38
Persistent link: https://www.econbiz.de/10001102286
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Productivity growth, capital intensity, and skill levels, in the US insurance industry, 1948 - 86
Wolff, Edward N. - In: The Geneva papers on risk and insurance - issues and … 16 (1991) 59, pp. 173-190
Persistent link: https://www.econbiz.de/10001117237
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Former foreign affiliates : cast out and outperformed?
Javorcik, Beata K. Smarzynska; Poelhekke, Steven - 2015
Persistent link: https://www.econbiz.de/10011286054
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Former foreign affiliates : cast out and outperformed?
Javorcik, Beata K. Smarzynska; Poelhekke, Steven - 2014
Indonesian Census of Manufacturing covering the period 1990-2009. We consider 157 cases of divestment, where a large set of plant … plants exist. The results indicate that divestment is associated with a drop in total factor productivity accompanied by a …
Persistent link: https://www.econbiz.de/10010384393
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Former foreign affiliates : cast out and outperformed?
Javorcik, Beata K. Smarzynska; Poelhekke, Steven - 2014
Indonesian Census of Manufacturing covering the period 1990 - 2009. We consider 157 cases of divestment, where a large set of … similar control plants exist. The results indicate that divestment is associated with a drop in total factor productivity …
Persistent link: https://www.econbiz.de/10010461272
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Former foreign affiliates : cast out and outperformed?
Javorcik, Beata K. Smarzynska; Poelhekke, Steven - 2014
Persistent link: https://www.econbiz.de/10010391629
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The asymmetries of a small world : entry into and withdrawal from international markets by French firms
Engel, Dirk; Procher, Vivien; Schmidt, Christoph M. - 2010
significant correlation between productivity and divestment decisions. Moreover, companies with corporate shareholders are more …
Persistent link: https://www.econbiz.de/10003975472
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Production divestments on farms : essence, scope, consequences
Wojewodzic, Tomasz; Płonka, Aleksandra - In: Acta scientiarum polonorum / Oeconomia : czasopismo … 14 (2015) 4, pp. 139-147
Persistent link: https://www.econbiz.de/10011419116