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Break-ups of municipal health centre federations : expenditure and efficiency effects
Kortelainen, Mika; Luoma, Kalevi; Moisio, Antti - 2014 - Preliminary draft
efficiency of health centres in Finland between 1990 and 2003. To address potential non-random or endogenous treatment assignment … we also utilize propensity score difference-in-difference approach. For cost efficiency estimation we use the non …-parametric order-alpha method that is more suitable for small samples than the traditional efficiency estimators. Our results show that …
Persistent link: https://www.econbiz.de/10011490076
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Model of comparative analysis of the main indices of economic and social performance of the European Union Countries
Mereuta, Cezar; Albu, Lucian-Liviu; Iordan, Marioara; … - 2012
economic performance, structure of economy, foreign trade efficiency, human development policies, informational society and …
Persistent link: https://www.econbiz.de/10011522159
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Measuring systemic financial stress and its impact on the macroeconomy
Chavleishvili, Sulkhan; Kremer, Manfred - 2021 - Version: February 9, 2021
This paper proposes a general statistical framework for systemic financial stress indexes. Several existing index designs can be represented as special cases. We introduce a daily variant of the ECB's CISS for the euro area and the US. The CISS aggregates a representative set of stress...
Persistent link: https://www.econbiz.de/10013328812
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The necessity for regulating the insurance market considering the implementation of the IDD
Petsch, Victoria - In: Proceedings of the ENTRENOVA - ENTerprise REsearch … 5 (2019) 1, pp. 179-186
In 2018, the Insurance Distribution Directive (IDD) was fully implemented by all EU member states. It intends to harmonize the insurance market, provide the right incentives for the agents and protect the consumers. But why? The core business of the banking sector makes it necessary for a...
Persistent link: https://www.econbiz.de/10012228040
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NatCats and insurance in a developing economy : new theoretical and empirical evidence
Hott, Christian; Xuyen Thi Tran - 2020
Our paper analyses the effect of natural catastrophes on insurance demand in a developing economy and the specific role of insurance regulation in this relationship. We base our analysis on a theoretical model as well as a panel regression using household survey level data for Vietnam and...
Persistent link: https://www.econbiz.de/10012425915
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Regional dynamics of insurances in Romania : 50th anniversary European Congress of the Regional Science Association International, 19-23 August 2010, Jönköping, Sweden
Constantinescu, Dan; Rotaru, Constantin; Jula, … - 2010
In the paper we analyze the economic, social, cultural, institutional and political factors that determine regional demand for services like "insurance". As economic factors, we analyze the impact of non-governmental credit over the insurance market. Development of an econometric model is based...
Persistent link: https://www.econbiz.de/10011558880
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Why do people buy insurance? : a modern answer to an old question
Fels, Markus - 2021
I revisit the question of which motive underlies insurance demand. I draw on the literature of state-dependent utility and on the literature of imperfectly divisible consumption to argue that the general purpose of insurance is not a risk transfer, but meeting a conditional need. In this way,...
Persistent link: https://www.econbiz.de/10013330729
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Labor density and productivity in Spain : evidence from geographically disaggregated data
Díaz Dapena, Alberto; Fernández Vázquez, Esteban; … - 2015
In this paper we estimate agglomeration economies in Spain in 2009 basing on Ciccone?s (2002) model, which explains average labor productivity in one spatial unit on employment density and other controls. The novelty of our analysis is that the empirical model is estimated at a highly...
Persistent link: https://www.econbiz.de/10011483166
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Bridging firm's innovation, productivity and export : an analysis using Swedish CIS data
Jienwatcharamongkhol, Viroj; Tavassoli, Mohammad Hossein - 2012
This paper analyses the effect of innovation on the well-established productivity-export association in the literature. Here, we argue that actively innovative firms have a higher productivity, which make them more likely to become exporters. Moreover, exporting firms learn from their trading...
Persistent link: https://www.econbiz.de/10011508136
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Mapping local productivity advantages in Italy : industrial districts, cities or both?
Di Giacinto, Valter; Gomellini, Matteo; Micucci, Giacinto; … - 2011 - Preliminary draft, this version: February 2011
In this paper we compare the magnitude of local productivity advantages associated to two different spatial concentration patterns in Italy, i.e. urban areas (UA) and industrial districts (ID). UA typically display a huge concentration of population and host a wide range of economic activities,...
Persistent link: https://www.econbiz.de/10011524449