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After a short review of recent statistics about economic growth and investment expenses in the three Belgian regions, the paper examines the main arguments to compare two kinds of public incentives to invest : targeted incentives and general incentives. The first category includes capital grant...
Persistent link: https://www.econbiz.de/10005559992
of their activities and assess their efficiency during the period 1986-2000. Among other results, and controlling for … activities within TH management seems to have slowed down the activity of the TH. The efficiency of TH has improved with a …
Persistent link: https://www.econbiz.de/10005560052
efficiency (misallocation) costs of a tax system tend to rise geometrically with the marginal tax rate, a massive reduction in …
Persistent link: https://www.econbiz.de/10005560970
We study the implementation of constrained-efficient allocations in labour markets where a basic coordination problem leads to an equilibrium matching function. We argue that these allocations can be achieved in equilibrium if wages are determined by ex post bidding. This holds true even in...
Persistent link: https://www.econbiz.de/10005561074
appropriate balance between innovation and efficiency. Where a patent holder’s invention uses an interface with adjacent products …
Persistent link: https://www.econbiz.de/10005622684
efficiency. We predict that hospital efficiency will increase because the benefit from cost-reducing efforts in terms of number … from the period 1992-2000. Efficiency indicators are estimated by means of data envelopment analysis (DEA) with multiple … inputs and outputs. Using a variety of econometric methods, we find that the introduction of ABF has improved efficiency when …
Persistent link: https://www.econbiz.de/10005623311
Shephard’s distance functions are widely used instruments for characterizing technology and for estimating efficiency …
Persistent link: https://www.econbiz.de/10005623314
This paper investigates the day of the week effect in the Pakistani equity market. Using daily data on eight sector indices as well as the general market index from January 1989 to December 1993, the analysis did not find, in general, significant differences in stock returns across trading days...
Persistent link: https://www.econbiz.de/10005623425
In China and some other developing countries' public health sectors, many patients give their doctors a payment outside the official channel before a major treatment. This secret payment has been documented as informal payment in the literature. We argue that the fundamental cause for informal...
Persistent link: https://www.econbiz.de/10005623435
manipulation may have on their informational efficiency . We use the concept of manipulation as it arises in the study of … prevent manipulation and therefore improve the informational efficiency of the market . On the other hand, disclosure (less … anonymity) may restrict entry, and therefore produce an efficiency loss. There is, in this sense, a tradeoff between …
Persistent link: https://www.econbiz.de/10005623471