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This paper provides evidence that ownership and organization matters for the efficiency of provision of public services. In particular, we find that pure private ownership is more efficient than pure public ownership, followed by mixed ownership. The delegation of management in different legal...
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A considerable share of public investment comes not only from public budgets but also from public utility companies. One major area of investment is energy and water supply, where the utility companies have substantial fixed assets in the form of distribution infrastructure. Using new microdata...
Persistent link: https://www.econbiz.de/10011372010
Einen beachtlichen Anteil öffentlicher Investitionen tätigen - außerhalb der öffentlichen Haushalte - kommunale Unternehmen, beispielsweise Stadtwerke. Ein bedeutender Investitionsbereich ist die Energie- und Wasserversorgung, da die Unternehmen über beträchtliche Sachanlagen in der...
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lower price for the service. …
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. Recognizing that payments differ in the urgency with which they need to be settled, Fedwire offers banks a decreasing block-price … schedule. This approach allows Fedwire to price discriminate, charging high fees for urgent payments and low fees for less … urgency for immediate settlement is great enough, banks will respond to marginal price; otherwise, they will respond to …
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