This paper offers a unique quantitative evaluation of the distribution of the welfare of a water privatization … intermediate suppliers and investors have also clearly benefited during the short privatization duration. However the paper also … shows that taxpayers are the main losers as subsidies are still needed. There are also serious efficiency-equity trade …

Privatization is shown to increase national economic output in a two-sector full-employment general-equilibrium model … by enhancing efficiency as if a relative price distortion were being removed through price reform, trade liberalization …, or stabilization. The static output gain from reallocation and reorganization through privatization is captured in a …

The first aim of this paper is to decompose the productivity advantage of foreign multinationals into two components … two components of productivity growth. We do so by analyzing the effects of an acquisition of a domestic establishment by … emerge: (i) any positive impact of ownership change is predominantly due to change in technical efficiency, not scale effects …

States in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies … productivity grows less due to larger mismatch. The model can be used to address a number of normative issues. …

privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …Economic development implies that the efficiency of firms in developing countries is approaching that of firms in …

Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an …-term wage contracts with their workers, productivity spillovers are fully internalized. If firms cannot commit to long-term wage …

This paper assesses the relative efficiency of knowledge production in the OECD using a nonparametric DEA approach. In … constraints. The efficiency scores presented are based on an intertemporal frontier estimation for the period 1995 to 2004. We …&D efficiency by attenuating the incentives to innovate and to allocate resources efficiently. …

the most efficient innovation processes. We combine a traditional nonparametric frontier approach with super-efficiency … and tests for return to scale properties using bootstrap procedures to derive consistent and robust efficiency estimates … Denmark have the highest R&D efficiency on average in total manufacturing. However, sector-specific efficiency scores reveal …

Envelopment Analysis (DEA) to analyze the potential efficiency gains from mergers between water utilities at the county level. A … efficiency improvements through consolidation. Focusing on a hypothetical restructuring of the industry, we apply Data … conditional efficiency framework is used to account for the operating environment. Highest efficiency improvement potentials turn …