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This paper examines the efficiency of the German hospital sector over time and the relative efficiency of public, welfare (both nonprofit) and private (for-profit) hospital sectors using data from the Federal Statistics Office of German hospitals. Efficiency scores were computed using Data...
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comparison with the United States. It has been argued that lack of product market competition and poor corporate governance are … econometric analysis of firm performance in Germany. Based on a unique panel data set with detailed information on almost 400 … product market competition experience higher rates of productivity growth. We also find weak evidence for the notion that in …
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their investments. Competition is, however, not localized within a market segment and the class of new or old models, i …
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relationship lending, and rents that accrue due to the elimination of competition among multiple lenders. We find the relationship … against hold-up. -- Banking Competition ; Coordination ; Distress ; Credit Spread ; Hold-up …
Persistent link: https://www.econbiz.de/10003973755
A firm that faces insufficient supply of labor can either increase the wage offer to attract more applicants, or reduce the hiring standard to enlarge the pool of potential employees, or do both. This simultaneous adjustment of wages and hiring standards has been emphasized in a classical...
Persistent link: https://www.econbiz.de/10003951380