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Income tax, subsidies to education, and investments in human capital in a two-sector economy

Mendolicchio, Concetta; Paolini, Dimitri; Pietra, Tito - Volkswirtschaftliche Fakultät, … - 2009

The paper studies a two-sector economy with investments in human and physical capital and imperfect labor markets. Workers and firms endogenously select the sector they are active in, and choose the amount of their investments. To enter the high-skill sector, workers must pay a fixed cost that...

Persistent link: https://www.econbiz.de/10004991290

Choice-Consistent Resolutions of the Efficiency-Equity Trade-Off

Tadenuma, Koichi - Graduate School of Economics, Hitotsubashi University - 2007

efficiency-equity trade-off. The equity-first principle states that we should select from equitable allocations if any, but if … because no allocation is equitable, we should select from Pareto efficient allocations. The efficiency-first principle … switches the roles of the equity criterion and the efficiency criterion above. We examine the choice-consistency properties …

Persistent link: https://www.econbiz.de/10004992518

Cost Analysis of Good Practice – a Case Study for Dentistry Services in Romania

Adriana, Dutescu; Gabriela, Ponorîca Andreea; Oana, … - In: The AMFITEATRU ECONOMIC journal 11 (2009) 26, pp. 616-623

The vital decisions of the enterprise are connected to knowing the costs, their structure and characteristics. From this perspective, one can say that, by classifying costs, we can rapidly choose those costs that correspond to the specific needs of information. From the good practice spectrum,...

Persistent link: https://www.econbiz.de/10004994276

On the Accuracy of Bootstrap Confidence Intervals for Efficiency Levels in Stochastic Frontier Models with Panel Data

Kim, Myungsup; Kim, Yangseon; Schmidt, Peter - Department of Economics, University of Crete - 2006

We study the construction of confidence intervals for efficiency levels of individual firms in stochastic frontier …

Persistent link: https://www.econbiz.de/10004994336

Efficiency of Thai provincial public hospitals after the introduction of National Health Insurance Program

Puenpatom, R. Amy; Rosenman, Robert - School of Economic Sciences, Washington State University - 2006

Many international institutions, including the World Bank and the World Health Organization (WHO), have recommended that countries adopt universal health care coverage, believing that adequate health care is a basic human right. Thailand became the first developing country to introduce universal...

Persistent link: https://www.econbiz.de/10005727811

Are Hospitals Seasonally Inefficient? Evidence from Washington State Hospitals

Friesner, Daniel; McPherson, Matthew; Rosenman, Robert - School of Economic Sciences, Washington State University - 2006

Efficiency measurement has been one of the most extensively explored areas of health services research over the past … two decades. Despite this attention, few studies have examined whether a provider’s efficiency varies on a monthly …. Using a quarterly panel of general, acute-care hospitals from Washington State, we find that hospital efficiency does vary …

Persistent link: https://www.econbiz.de/10005727825

The Effects of Concentration on Competition and Efficiency : Some Evidence from the French Audit Market

Broye, Géraldine; Weill, Laurent - Laboratoire de Recherche en Gestion (LaRGE), Institut … - 2008

This paper aims at investigating the effects of concentration on competition and cost efficiency of the French audit … market. Competition is measured with the Rosse-Panzar model, while cost efficiency is estimated with stochastic frontier … approach. Cost efficiency levels are estimated at around 75% with greater efficiency for Big-Four firms, while the nature of …

Persistent link: https://www.econbiz.de/10005727884

Does Financial Intermediation Matter for macroeconomic Efficiency ?

Méon, Pierre-Guillaume; Weill, Laurent - Laboratoire de Recherche en Gestion (LaRGE), Institut … - 2008

This paper investigates whether financial intermediary development influences macroeconomic technical efficiency on a … associated with more efficiency. However we find strong evidence that this relationship is conditional on the level of economic … development. The lower economic development the weaker is the impact of financial development on efficiency. That impact can even …

Persistent link: https://www.econbiz.de/10005727890

Convergence in Banking Efficiency Across European Countries

Weill, Laurent - Laboratoire de Recherche en Gestion (LaRGE), Institut … - 2008

provide gains in growth by favoring competition and efficiency on financial markets. Our paper aims to check whether financial … integration has taken place on the banking markets, by investigating the convergence in banking efficiency for European Union … countries. We measure cost efficiency of banks from 10 EU countries between 1994 and 2005 with the stochastic frontier approach …

Persistent link: https://www.econbiz.de/10005727891

Testing for Economies of Scope in European Railways: An Efficiency Analysis

Growitsch, Christian; Wetzel, Heike - 2007

In this paper, we conduct a pan-European effciency analysis to investigate the performance of European railways with a particular focus on economies of vertical integration. We test the hypothesis that integrated railways realize economies of scope and, thus, produce railway services with a...

Persistent link: https://www.econbiz.de/10005729408