Results 21 to 30 of about 82,623 (49)

Power Flows: Transmission Lines, Allocative Efficiency, and Corporate Profits

The American Economic Review
Accelerated investment in electricity transmission could reduce total costs and enhance renewable integration. I document static allocative inefficiencies induced by incomplete market integration in 2 major US markets; these have risen over time and ...
Catherine Hausman
semanticscholar   +1 more source

Management and Misallocation in Mexico

Social Science Research Network
Using comprehensive administrative management surveys from Mexico and the United States, we document large management gaps between the two countries, driven by both lower average management quality among Mexican firms and greater misallocation.
N. Bloom, L. Iacovone, Mariana De La Paz Pereira Lopez, John Michael Van Reenen   +3 more
semanticscholar   +1 more source

Free Entry in a Cournot Market With Overlapping Ownership

Social Science Research Network
We examine the effects of overlapping ownership among existing firms deciding whether to enter a product market. We show that in most cases—and especially when overlapping ownership is already widespread—an increase in the extent of overlapping ownership
X. Vives, Orestis Vravosinos
semanticscholar   +1 more source

Competition under Incomplete Contracts and the Design of Procurement Policies

The American Economic Review
We study the effects of intensifying competition for contracts in the context of US Defense procurement. Leveraging a discontinuous regulation that mandates agencies to publicize certain contract opportunities, we document that expanding the set of ...
R. Carril, Andrés González-Lira, M. S. Walker   +2 more
semanticscholar   +1 more source

Droughts, Deluges, and (River) Diversions: Valuing Market-Based Water Reallocation

The American Economic Review, 2023
This paper develops and applies a method to value water trading on a river network. The framework relies on regulatory variation in diversion caps to identify production functions for irrigated farms, then uses the estimated shadow values to assess the ...
Will Rafey
semanticscholar   +1 more source

Managers and Public Hospital Performance

The American Economic Review
We study whether the quality of managers can affect public service provision in the context of public health. Using novel data from public hospitals in Chile, we show how the introduction of a competitive recruitment system and better pay for public ...
Pablo Muñoz, Cristóbal Otero
semanticscholar   +1 more source

How Do Entrants Build Market Share? The Role of Demand Frictions

American Economic Review: Insights
We construct a new dataset to show that successful entrants in the consumer food sector build market share by adding new customers. Entrants reach new customers by entering more geographical markets, placing their product in more stores in these markets,
David Argente, Doireann Fitzgerald, Sara Moreira, A. Priolo   +3 more
semanticscholar   +1 more source

Strengthening State Capacity: Civil Service Reform and Public Sector Performance during the Gilded Age

The American Economic Review
We use newly digitized records from the post office to study the effects of strengthened state capacity between 1875 and 1901. Exploiting the implementation of the Pendleton Act—a landmark statute that shielded bureaucrats from political interference ...
Abhay P. Aneja, Guo Xu
semanticscholar   +1 more source

Exploiting or Augmenting Labor?

American Economic Review: Insights
We show that existing “production approaches” to markdown estimation do not separately identify factor price markdowns from factor-augmenting productivity levels.
Michael Rubens, Yingjie Wu, M. Xu
semanticscholar   +1 more source

Réformer les tarifs de l’eau en impliquant usagers et chercheurs : une innovation procédurale et participative pour gérer le système hydraulique de la Neste

Innovations
Cet article analyse le processus de réforme tarifaire engagé par le concessionnaire du système hydraulique de la Neste (sud-ouest de la France), pour prendre en compte l’évolution de la ressource en eau, tout en garantissant son partage équitable et une ...
S. Loubier, P. Garin, M. Montginoul
semanticscholar   +1 more source