This paper analyzes the effects of hospital ownership on three specific strategies to improve financial performance. These strategies include (1) spending on advertising to increase revenues through increased market share and premium prices; (2) spending on accounting systems to cut costs, increase accounts receivable collections, or increase legitimacy with stakeholders and donors; and (3) imp...

This paper estimates the effect of research and investment activities on patents across countries, industries and over time. The first result of the paper is the recognition of the importance of investment activities in contributing to technical change. The positive role of research expenditures is also confirmed but its elasticity is found to be lower than in previous studies. Important differ...

making capital and investment is the main driving forces of economic development. based on the investment sensitivity to the changes of some of macro-economic variables and risk and uncertainty, the present study evaluated the effective factors on investment in private sector in iran during 1980-2007. at first, the uncertainty variables of real informal exchange rate, nominal interest rate and ...

Predictability of financial time series (FTS) is a well-known dilemma. A typical approach to this problem is to apply a regression model, built on the historical data and then further extend it into the future. If however the goal for FTS prediction would be to support or even make investment decisions, prediction generated by regression-based models are inappropriate as on top of being uncerta...

In a recent paper, Net Neutrality, Reclassification and Investment: A Counterfactual Analysis1, I used the difference-in-differences methodology to estimate the effect on telecommunications investment of the Federal Communications Commission’s (“FCC”) Net Neutrality policies, including especially the Agency’s decision to reclassify broadband as a Title II common carrier telecommunications servi...

s in other industrialized countries, the health care sector is an important element of the Netherlands’ economy. As a share of gross domestic product (GDP), national health expenditures in the Netherlands rose from 6 percent in 1970 to 8.2 percent in 1980 (23). The growth rate slowed in the 1980s; by 1991, national health expenditures accounted for only a slightly higher share of GDP at 8.3 per...

We examine how inv estment in human capital affects the U.S. economy using a three-sector growth model. Investment in human capital is produced in a constant returns to scale Education sector that has capital, labor, student time and intermediates as inputs. The perfectly foresighted household determines investment in physical capital while the government determines the rate of Education invest...