A general assumption of the standard hedonic price model is that producers produce outputs/ services efficiently, and deviations from this situation are assumed to involve either overcharging or undercharging. Using the profit maximising behaviour, we derive an alternative hedonic model to show...

The research analyzes the effect of public investment on the economic growth of the provinces of Ecuador during the 2007-2017 period, which has been characterized by the strong emphasis on public expenditure channeled to the production sectors, strategic sectors, knowledge and human talent,...

Many health care systems aim to enhance hospital quality by encouraging competition. However, evidence on the relationship between quality and competition is inconclusive. My contribution to this literature is two-fold. Analyzing the relationship between competition and quality for the German...