Using a stochastic frontier model and a comprehensive dataset, we study factors that affect corporate efficiency in … efficiency, and (iii) high competition is less conductive to efficiency than moderate or low competition. In terms of ownership …, we find that (iv) efficiency increases when a majority owner must deal with minority shareholders and that (v) domestic …

industries using firm-level panel data. The technical efficiency of firms is found to vary significantly both within and across … industrial sectors in each country. We find strong evidence of a positive relationship between firm technical efficiency levels … between firm efficiency and size is also found to be positive, suggesting big industrial firms in the former planned economies …

market economy. It is widely believed that competition has a positive effect on efficiency, but the theoretical and empirical … support is quite scarce. The objective of this paper is to investigate the link between competition and efficiency for the … production functions indicate a gradual improvement in efficiency and a shift from decreasing to increasing returns to scale due …

shows that taxpayers are the main losers as subsidies are still needed. There are also serious efficiency-equity trade …

This study investigates hospitals’ dynamic incentives to select patients when hospitals are remunerated according to a … spiral of prices is possible which induces hospitals to focus on low-severity cases. For high altruism, dynamic price …

This paper studies the impact of hospital competition on waiting times. We use a Salop-type model, with hospitals that … between neighbouring hospitals (competitive segment), and low-benefit patients who decide whether or not to demand treatment …

between hospitals. Patients were given choice of location for hospital care and provided information on the quality and … approximately 68,000 discharges per year per hospital from 160 hospitals. We find that the effect of competition is to save lives … without raising costs. Patients discharged from hospitals located in markets where competition was more feasible were less …

geographic proximity is a key determinant of competition, and English public hospitals where political competition can be used to … construct instrumental variables for market structure. Since almost all major English hospitals are government run, closing … hospitals in areas where the governing party has a small majority is rare due to fear of electoral punishment. We find that …