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Is American Health Care Uniquely Inefficient? Evidence from Prescription Drugs

Kyle, Margaret K. - 2017

Alan Garber and Jonathan Skinner (2008) famously conjectured that the US health care system was “uniquely inefficient” relative to other countries. We test this idea using cross-country data on prescription drug sales newly linked with an arguably objective measure of relative therapeutic...

Persistent link: https://www.econbiz.de/10012964901

Imperfect Markets Versus Imperfect Regulation in U.S. Electricity Generation

Cicala, Steve - 2017

This paper measures changes in electricity generation costs caused by the introduction of market mechanisms to determine output decisions in service areas that were previously using command-and-control-type operations. I use the staggered transition to markets from 1999- 2012 to evaluate the...

Persistent link: https://www.econbiz.de/10012965429

Faculty Deployment in Research Universities

Courant, Paul - 2017

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

Persistent link: https://www.econbiz.de/10012965950

Pareto Efficient Taxation and Expenditures : Pre- and Re-Distribution

Stiglitz, Joseph E. - 2017

This paper shows that there is a presumption that Pareto efficient taxation entails a positive tax on capital. When tax and expenditure policies can affect the market distribution of income in ways that cannot be directly offset, those effects need to be taken into account, reducing the burden...

Persistent link: https://www.econbiz.de/10012946480

Evidence for the Effects of Mergers on Market Power and Efficiency

Blonigen, Bruce A. - 2016

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

Persistent link: https://www.econbiz.de/10012980667

The Role of Technology in Mortgage Lending

Fuster, Andreas - 2018

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

Persistent link: https://www.econbiz.de/10012921513

Deadweight Costs and the Size of Government

Becker, Gary S.; Mulligan, Casey B. - 2021

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

Persistent link: https://www.econbiz.de/10013218809

The Effects of Capital Subsidization on Israeli Industry

Bregman, Arie; Fuss, Melvyn; Regev, Haim - 2021

An industrial policy of subsidizing physical capital investment has been utilized in many countries in order to encourage export growth and spread economic development to outlying areas. For Israel, we possess a unique time series-cross section micro data set that details investment and its...

Persistent link: https://www.econbiz.de/10013218901

Market Provision of Public Goods : The Case of Broadcasting

Anderson, Simon P.; Coate, Stephen - 2021

This paper studies the market provision of a specific type of public good: radio and television broadcasts. Its main focus is to explore the ability of the market to provide broadcasting efficiently in a world in which broadcasters earn revenues by selling time to advertisers and advertisements...

Persistent link: https://www.econbiz.de/10013219689

The Collection Efficiency of the Value Added Tax : Theory and International Evidence

Aizenman, Joshua; Jinjarak, Yothin - 2021

This paper evaluates the political economy and structural factors explaining the collection efficiency of the Value … Added Tax [VAT]. We consider the case where the collection efficiency is determined by the probability of audit and by the … penalty on underpaying. Implementation lags imply that the present policy maker determines the efficiency of the tax system …

Persistent link: https://www.econbiz.de/10013219708