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 …

Financial regulation is often framed as a question of economic efficiency. This paper, by contrast, puts the … deregulation, against efficiency in the real economy, which is aided by tighter regulation and a more stable supply of credit. We … distributive implications of financial regulation center stage. We develop a model in which the financial sector benefits from risk …

costs in less-competitive or regulated environments. We test this using a transition from cost-of-service regulation to …-owned plants, whose owners were largely insulated from these reforms, experienced the smallest efficiency gains, while investor …-term efficiency benefits from replacing regulated monopoly with a market-based industry structure …

achieve productive efficiency given differences in the price (salary rate) of faculty across disciplines and variation in …

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

technological innovation has improved the efficiency of financial intermediation in the U.S. mortgage market …

efficiency. In a broad sample of countries for the years 1973 - 90, we show that broad-based taxes with fairly flat rate …