Does Gender Matter for Firm Performance? Evidence from Eastern Europe and Central Asia Using 2005 firm level data for 26 ECA countries, this paper estimates performance gaps between maleand female-owned businesses, while controlling for their location by industry and country. We find that female entrepreneurs have significantly smaller scale of operations (as measured by sales revenues) and are...

Why Is the Public Sector More Labor-Intensive? A Distortionary Tax Argument Government-run entities are often more labor-intensive than private companies, even with identical production technologies. This need not imply slack in the public sector, but may be a rational response to its wage tax advantage over private firms. A tax-favored treatment of public production precludes production effici...

In this paper, we take a cost function approach to the investigation of the e¤ects of public infrastructure on the performance of the U.S. manufacturing industry, using KLEMS data over the period from 1953 to 2001. We build on Duggal et al. (1999) and Feng and Serletis (2008) and propose a price augmenting Asymptotically Ideal Model (AIM) model where public infrastructure is incorporated into t...

Why Is the Public Sector More Labor-Intensive? A Distortionary Tax Argument Government-run entities are often more labor-intensive than private companies, even with identical production technologies. This need not imply slack in the public sector, but may be a rational response to its wage tax advantage over private firms. A tax-favored treatment of public production precludes production effici...

One of the explanations for global imbalances is the self-financing behavior of credit-constrained firms in rapidly growing emerging markets. We use an extensive firm-level data set from several Asian countries during 2002–2011, and test the micro foundation of this theory by estimating the effect of an exogenous change in credit constraints, resulting from financial reforms, on firms’ saving b...

Cet article vise à mettre en évidence les performances des secteurs agricoles dans principaux pays de l’UE (France, Allemagne, Italie, Pays-Bas, Espagne et Royaume-Uni). Basée sur la méthode comptes surplus, notre analyse performance inclut tous éléments du compte résultat, qui est l’une limites l’approche traditionnelle indices. De plus, cet...

Efforts to raise US health-care productivity have proceeded slowly, potentially due the fragmentation of payment across insurers. Each insurer’s efforts improve care could influence how doctors practice for other insurers, leading unvalued externalities. We study a randomized letter intervention by Medicare curtail overuse antipsychotics. The letters did not mention private insurance but reduce...

In the past decade, corporate firms have globally increasingly adopted social responsibility (CSR) practices; however, so far less is known about how productivity change in presence of socially responsible and undesirable output can be evaluated. This paper develops a framework that integrates CSR dynamic by-production technology which captures transformation multiple inputs into marketed outpu...