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This paper investigates who is most affected by informal competition and how regulation and enforcement affect the extent and nature of this competition. Using newly-collected enterprise data for 6,466 manufacturing formal firms across 14 countries in Latin America, the authors show that formal firms affected by head-to-head competition with informal firms largely resemble them. They are small credit constrained, underutilize their productive capacity, serve smaller customers, and are in markets with low entry costs. In countries where the government is effective and business regulations onerous, formal firms in industries characterized by low costs to entry feel the sting of informal competition more than in other business environments. Finally, the analysis finds that in an economy with relatively onerous tax regulations and a government that poorly enforces its tax code, the percentage of firms adversely affected by informal competition will be reduced from 38.8 to 37.7 percent when the government increases enforcement to cover all firms.
Compliance costs --- Cost savings --- Economic development --- Economic growth --- Environment --- Environmental Economics and Policies --- Environments --- Fixed costs --- Metals --- Microfinance --- National Income --- Productivity growth --- Tax rates
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This paper investigates who is most affected by informal competition and how regulation and enforcement affect the extent and nature of this competition. Using newly-collected enterprise data for 6,466 manufacturing formal firms across 14 countries in Latin America, the authors show that formal firms affected by head-to-head competition with informal firms largely resemble them. They are small credit constrained, underutilize their productive capacity, serve smaller customers, and are in markets with low entry costs. In countries where the government is effective and business regulations onerous, formal firms in industries characterized by low costs to entry feel the sting of informal competition more than in other business environments. Finally, the analysis finds that in an economy with relatively onerous tax regulations and a government that poorly enforces its tax code, the percentage of firms adversely affected by informal competition will be reduced from 38.8 to 37.7 percent when the government increases enforcement to cover all firms.
Compliance costs --- Cost savings --- Economic development --- Economic growth --- Environment --- Environmental Economics and Policies --- Environments --- Fixed costs --- Metals --- Microfinance --- National Income --- Productivity growth --- Tax rates
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Can increasing levels of clinical activity really provide hospitals with a way to improve the quality and efficiency of health care?Within the NHS, purchasers and providers are under pressure to reduce management and operational costs, and to make efficiency savings. Concentrating services through trust mergers or service rationalisation has been seen by many as a way of achieving these goals.However, after systematically reviewing the international literature, researchers at the University of York question whether concentrating hospital services automatically provides these benefits.* much research over-estimates the impact of volume on the quality of care;* there is no clear link between hospitals carrying out larger volumes of surgical procedures and having better outcomes;* there is no evidence that cost savings are necessarily made by increasing hospital size above approximately 200 beds;* concentrating services may reduce access to hospital care for patients living further away, particularly those who are older and poorer;* experience shows that hospital mergers do not always result in the financial benefits that were initially anticipated.Decision makers considering concentrating services should be cautious in making assumptions about health care and financial benefits which can be derived from increasing the size of units. Such assumptions are often based more on received wisdom rather than research evidence.
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The electricity market has experienced enormous setbacks in delivering on the promise of deregulation. In theory, deregulating the electricity market would increase the efficiency of the industry by producing electricity at lower costs and passing those cost savings on to customers. As Electricity Deregulation shows, successful deregulation is possible, although it is by no means a hands-off process-in fact, it requires a substantial amount of design and regulatory oversight. This collection brings together leading experts from academia, government, and big business to discuss the lessons learned from experiences such as California's market meltdown as well as the ill-conceived policy choices that contributed to those failures. More importantly, the essays that comprise Electricity Deregulation offer a number of innovative prescriptions for the successful design of deregulated electricity markets. Written with economists and professionals associated with each of the network industries in mind, this comprehensive volume provides a timely and astute deliberation on the many risks and rewards of electricity deregulation.
Electric utilities -- Deregulation -- United States. --- Electric utilities - Deregulation - United States. --- Electric utilities -- Deregulation. --- Electric utilities. --- Electric utilities --- Deregulation --- E-books --- electric, regulations, academic, scholarly, research, market, marketplace, electrical, power, grid, industry, industrial, price, cost, savings, money, monetary, economics, economy, finance, financial, oversight, academia, government, interdisciplinary, experts, business, california, case study, essay collection, policy, advice, industries, career, professional.
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Governments and institutions, perhaps even more than markets, determine who gets what in our society. They make the crucial choices about who pays the taxes, who gets into college, who gets medical care, who gets drafted, where the hazardous waste dump is sited, and how much we pay for public services. Debate about these issues inevitably centers on the question of whether the solution is "fair." In this book, H. Peyton Young offers a systematic explanation of what we mean by fairness in distributing public resources and burdens, and applies the theory to actual cases.
Distributive justice --- Game theory --- Justice distributive --- Théorie des jeux --- Gleichheit. --- Gleichheitssatz. --- Verteilungsgerechtigkeit. --- Spieltheorie. --- Gerechtigkeit. --- Game theory. --- Distributive justice. --- Distribution (Economic theory) --- Justice --- Social justice --- Wealth --- Games, Theory of --- Theory of games --- Mathematical models --- Mathematics --- Moral and ethical aspects --- USA. --- ABŞ --- ABSh --- Ameerika Ühendriigid --- America (Republic) --- Amerika Birlăshmish Shtatlary --- Amerika Birlăşmi Ştatları --- Amerika Birlăşmiş Ştatları --- Amerika ka Kelenyalen Jamanaw --- Amerika Qūrama Shtattary --- Amerika Qŭshma Shtatlari --- Amerika Qushma Shtattary --- Amerika (Republic) --- Amerikai Egyesült Államok --- Amerikanʹ Veĭtʹsėndi︠a︡vks Shtattnė --- Amerikări Pĕrleshu̇llĕ Shtatsem --- Amerikas Forenede Stater --- Amerikayi Miatsʻyal Nahangner --- Ameriketako Estatu Batuak --- Amirika Carékat --- AQSh --- Ar. ha-B. --- Arhab --- Artsot ha-Berit --- Artzois Ha'bris --- Bí-kok --- Ē.P.A. --- EE.UU. --- Egyesült Államok --- ĒPA --- Estados Unidos --- Estados Unidos da América do Norte --- Estados Unidos de América --- Estaos Xuníos --- Estaos Xuníos d'América --- Estatos Unitos --- Estatos Unitos d'America --- Estats Units d'Amèrica --- Ètats-Unis d'Amèrica --- États-Unis d'Amérique --- Fareyniḳṭe Shṭaṭn --- Feriene Steaten --- Feriene Steaten fan Amearika --- Forente stater --- FS --- Hēnomenai Politeiai Amerikēs --- Hēnōmenes Politeies tēs Amerikēs --- Hiwsisayin Amerikayi Miatsʻeal Tērutʻiwnkʻ --- Istadus Unidus --- Jungtinės Amerikos valstybės --- Mei guo --- Mei-kuo --- Meiguo --- Mî-koet --- Miatsʻyal Nahangner --- Miguk --- Na Stàitean Aonaichte --- NSA --- S.U.A. --- SAD --- Saharat ʻAmērikā --- SASht --- Severo-Amerikanskie Shtaty --- Severo-Amerikanskie Soedinennye Shtaty --- Si︠e︡vero-Amerikanskīe Soedinennye Shtaty --- Sjedinjene Američke Države --- Soedinennye Shtaty Ameriki --- Soedinennye Shtaty Severnoĭ Ameriki --- Soedinennye Shtaty Si︠e︡vernoĭ Ameriki --- Spojené obce severoamerické --- Spojené staty americké --- SShA --- Stadoù-Unanet Amerika --- Stáit Aontaithe Mheiriceá --- Stany Zjednoczone --- Stati Uniti --- Stati Uniti d'America --- Stâts Unîts --- Stâts Unîts di Americhe --- Steatyn Unnaneysit --- Steatyn Unnaneysit America --- SUA (Stati Uniti d'America) --- Sŭedineni amerikanski shtati --- Sŭedinenite shtati --- Tetã peteĩ reko Amérikagua --- U.S. --- U.S.A. --- United States of America --- Unol Daleithiau --- Unol Daleithiau America --- Unuiĝintaj Ŝtatoj de Ameriko --- US --- USA --- Usono --- Vaeinigte Staatn --- Vaeinigte Staatn vo Amerika --- Vereinigte Staaten --- Vereinigte Staaten von Amerika --- Verenigde State van Amerika --- Verenigde Staten --- VS --- VSA --- Wááshindoon Bikéyah Ałhidadiidzooígíí --- Wilāyāt al-Muttaḥidah --- Wilāyāt al-Muttaḥidah al-Amirīkīyah --- Wilāyāt al-Muttaḥidah al-Amrīkīyah --- Yhdysvallat --- Yunaeted Stet --- Yunaeted Stet blong Amerika --- ZDA --- Združene države Amerike --- Zʹi︠e︡dnani Derz︠h︡avy Ameryky --- Zjadnośone staty Ameriki --- Zluchanyi︠a︡ Shtaty Ameryki --- Zlucheni Derz︠h︡avy --- ZSA --- Η.Π.Α. --- Ηνωμένες Πολιτείες της Αμερικής --- Америка (Republic) --- Американь Вейтьсэндявкс Штаттнэ --- Америкӑри Пӗрлешӳллӗ Штатсем --- САЩ --- Съединените щати --- Злучаныя Штаты Амерыкі --- ولايات المتحدة --- ولايات المتّحدة الأمريكيّة --- ولايات المتحدة الامريكية --- 미국 --- États-Unis --- É.-U. --- ÉU --- Amerik --- Америк --- Amerikiĭn Nėgdsėn Uls --- Америкийн Нэгдсэн Улс --- ANU --- АНУ --- Северо-Американские Штаты --- Северо-Американские Соединенные Штаты --- Сѣверо-Американскіе Соединенные Штаты --- Соединенные Штаты Америки --- Соединенные Штаты Северной Америки --- Соединенные Штаты Сѣверной Америки --- США --- ЗДА --- Зьєднані Держави Америки --- Aristotle. --- Borda score. --- Condorcet score. --- Demange, G. --- Hofstee, Willem. --- Kalai-Smorodinsky rule. --- Law of the Sea Treaty. --- Nash bargaining solution. --- Rabad's rule. --- arbitration. --- benefit theory of taxation. --- cost-savings game. --- divider's advantage. --- egalitarian rule. --- equal treatment. --- fair division. --- feasible solution. --- opinion aggregation. --- payoff distribution. --- preferences. --- queuing. --- replicability. --- simple majority rule. --- time-sharing. --- weak consistency. --- Kardinaltugend --- Recht --- Gerechter --- Ungerechtigkeit --- Justitia --- Egalité --- Politische Gleichheit --- Rechtsgleichheit --- Soziale Gleichheit --- Egalität --- Ungleichheit --- Parität --- Mathematisches Spiel --- Einkommensverteilung --- Vermögensverteilung --- Distributive Gerechtigkeit --- Iustitia distributiva --- Gerechtigkeit --- Aufteilungsgerechtigkeit --- Nordamerika --- Amerika --- United States --- Etats Unis --- Etats-Unis --- Estados Unidos de America --- EEUU --- Vereinigte Staaten von Nordamerika --- Soedinennye Štaty Ameriki --- SŠA --- Stany Zjednoczone Ameryki Północnej --- Hēnōmenai Politeiai tēs Boreiu Amerikēs --- Hēnōmenes Politeies tēs Amerikēs --- HēPA --- Ēnōmenes Politeies tēs Amerikēs --- ĒPA --- Etats-Unis d'Amérique --- Amerikaner --- Konföderierte Staaten von Amerika
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