-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …

result in cost savings of $5.7 billion in 2011 and that the gain in economic efficiency from more closely aligning bus fares …

more than one-third of all U.S. nuclear capacity. We find that deregulation and consolidation are associated with a 10 … percent increase in operating efficiency, achieved primarily by reducing the frequency and duration of reactor outages. At … average wholesale prices the value of this increased efficiency is approximately $2.5 billion annually and implies an annual …

This paper analyzes the timing, pace and efficiency of the on- going job reallocation that results from product and … policies can restore economic efficiency …

heavily regulated. It also makes predictions, both across activities and across jurisdictions, for the efficiency of …

This paper builds a single model that can be used to show efficiency and distributional effects of eight different … approaches can be designed to have the same efficiency effects, even while they have different distributional effects. For … efficiency, enforcement capabilities, and political feasibility). The paper ends with a discussion of likely trade-offs among …

This paper describes an efficiency approach to the evaluation of policy changes. Rather than comparing the utility …