Showing 1 - 10 of 2,707
This paper reports estimates of the effects of the Small Business Administration (SBA) 7(a) and 504 loan programs on employment, using a complete list of all SBA loans linked to annual data on all U.S. employers from 1976 to 2010. The estimation approach combines firm fixed effect regressions...
Persistent link: https://www.econbiz.de/10013089848
This study analyses the impact of mergers and acquisitions on performance of Indian pharmaceutical firms following the implementation of TRIPS in 1995. In order to identify adequately the effect of mergers, we investigate the impact on firm performance of the merged vis-a-vis the non-merged...
Persistent link: https://www.econbiz.de/10014447624
I investigate how political uncertainty influences corporate investment decisions employing a unique panel dataset of German manufacturing firms. I use data on firms' self-reported investment realizations, plans and revisions. The firm-specific user cost of capital captures the current...
Persistent link: https://www.econbiz.de/10011539894
Using microdata that serve as the foundation of the ifo Business Climate Index, Germany's leading business cycle indicator, I examine whether political uncertainty influences how firm owners perceive their present state and future development of business. I use state election months as...
Persistent link: https://www.econbiz.de/10011542240
This dissertation consists of six self-contained chapters that are related to the behavior of firms and politicians in a broader sense. After an introduction to the topic, the first part of the dissertation elaborates on how institutional and political framework conditions influence the behavior...
Persistent link: https://www.econbiz.de/10011741962
panel are employed to obtain measures of efficiency for those journals belonging simultaneously to the areas of “economics …” and “social science, mathematical methods” in the Web of Science database. This efficiency is measured in terms of the …
Persistent link: https://www.econbiz.de/10012437397
This paper analyses market efficiency and the role of the virtual location in digital markets using a data set …, which supports the hypothesis of enhanced market efficiency in electronic markets. Furthermore, the results show that an …
Persistent link: https://www.econbiz.de/10010297335
This paper provides a new comparative analysis of pooled least squares and fixed effects estimators of the slope coefficients in the case of panel data models when the time dimension (T) is fixed while the cross section dimension (N) is allowed to increase without bounds. The individual effects...
Persistent link: https://www.econbiz.de/10011283819
absence of efficiency enhancing market pressure. To what extent universities are able to eliminate inefficiency is a question … inefficiency hinder the institutions to achieve full efficiency - at least in the short run. Two standard and one novel … efficiency evaluation changes when both aspects are taken into account. It is the first time that the idea of persistent …
Persistent link: https://www.econbiz.de/10011541292
expectation of achieving cost efficiency gains. This article examines whether theoretical expectations of cost efficiency gains … parameter frontier model, cost efficiency gains are found, particularly with a payment per patient case system. Payment systems …
Persistent link: https://www.econbiz.de/10013117487