Competition, efficiency, and cost allocation in government agencies: Evidence on the federal reserve system

Journal of Accounting Research

Volumn 36, Issue 1, 1998, Pages 1-32

  Cavalluzzo, Ken S ^a   Ittner, Christopher D ^a   Larcker, David F ^a  

^a NONE

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0032220496     PISSN: 00218456     EISSN: None     Source Type: Journal    
DOI: 10.2307/2491318     Document Type: Article

References (45)

1. ARROW, K. J.; D. W. CARLTON; AND H. S. SIDER. "The Competitive Effects of Line-of-Business Restrictions in Telecommunications." Managerial and Decision Economics (July/August 1995): 301-21.
2. ATLANTA FEDERAL RESERVE BANK. Annual Report (1981; 1982; 1983).
3. BAUER, P. "Efficiency and Technical Progress in Check Processing." Economic Journal (Third Quarter 1993): 24-28.
4. BAUER, P., AND D. HANCOCK. "The Efficiency of Federal Reserve Check Processing Facilities." Journal of Banking and Finance (April 1993): 287-330.
5. BLANCHARD, G.; C. CHOW; AND E. NOREEN. "Information Asymmetry, Incentive Schemes, and Information Biasing: The Case of Hospital Budgeting under Rate Regulation." The Accounting Review (January 1986): 1-15.
6. BRAEUTIGAN, R., AND J. PANZER. "Diversification Incentives under 'Price-Based' and 'Cost-Based' Regulation." Rand Journal of Economics (Autumn 1989): 373-91.
7. BRENNAN, T. "Cross-Subsidization and Cost Misallocation by Regulated Monopolists." Journal of Regulatory Economics (March 1990): 37-52.
8. BROWN, L. "Modeling Diversified Utilities and Cross-Subsidization." Resources and Energy (April 1988): 213-24.
9. CAREY, K. "Cost Allocation Patterns between Hospital Inpatient and Outpatient Departments." Health Services Research (August 1994): 275-92.
10. CAVALLUZO, K. S. "Competition, Fee-for-Service Requirements, and Government Performance: Evidence on the Federal Reserve." Working paper, Georgetown University, October 1997.
11. CAVES, D. W., AND L. R. CHRISTENSEN. "The Relative Efficiency of Public and Private Firms in a Competitive Environment." Journal of Political Economy (October 1980): 958-76.
12. CHICAGO FEDERAL RESERVE BANK. Annual Report (1981; 1984).
13. CLEVELAND FEDERAL RESERVE BANK. Annual Report (1980; 1982).
14. DALLAS FEDERAL RESERVE BANK. Annual Report (1980).
15. DAVIES, D. G. "The Efficiency of Public Versus Private Firms: The Case of Australia's Two Airlines." Journal of Law and Economics (April 1971): 149-65.
16. DRANOVE, D. "Pricing by Non-Profit Institutions: The Case of Hospital Cost-Shifting." Journal of Health Economics (March 1988): 47-57.
17. EBRI. "Hospital Pricing: Cost Shifting and Competition." Employee Benefit Research Institute (EBRI) Issue Brief (May 1993): 1-17.
18. ELDENBURG, L., AND S. KALLAPUR. "Changes in Hospital Service Mix and Cost Allocations in Response to Changes in Medicare Reimbursement Schemes." Journal of Accounting and Economics (May 1997): 31-51.
19. ELDENBURG, L., AND N. SODERSTROM. "Accounting System Management by Hospitals Operating in a Changing Regulatory Environment." The Accounting Review (January 1996): 23-42.
20. FEDERAL RESERVE. "Evolution of the Principles and Structure of the Federal Reserve Planning and Control System (PACS) 1977-95." Unpublished report, Budget, Expense and Revenue Section, Board of Governors, 1995.
21. FORD, W. F. "The Changing Role of the Federal Reserve in the Payment System." Journal of Cash Management (April/May 1983): 12-19.
22. FOSTER, R. W. "Cost-Shifting under Cost Reimbursement and Prospective Payment." Journal of Health Economics (September 1985): 261-71.
23. GENERAL ACCOUNTING OFFICE. The Federal Reserve Should Move Faster to Eliminate Subsidy of Check Clearing Operations. GAO/GGD-82-22. Washington, D.C.: Government Printing Office, May 7, 1982.
24. _. An Examination of Concerns Expressed about the Federal Reserve's Pricing of Check Clearing Activities. GAO/GGD-85-9. Washington, D.C.: Government Printing Office, January 14, 1985.
25. GEIGER, D. R., AND C. D. ITTNER. "The Influence of Funding Source and Legislative Requirements on Government Cost Accounting Practices." Accounting, Organizations, and Society (August 1996): 549-67.
26. GORE, A. From Red Tape to Results: Creating a Government that Works Better and Costs Less. New York: Random House, 1993.
27. HUMPHREY, D. B. The U.S. Payments System: Costs, Pricing, Competition, and Risk. Monograph Series in Finance and Economics. New York: Salomon Brothers and New York University, 1984.
28. _. "Resource Use in Federal Reserve Check and ACH Operations after Pricing." Journal of Bank Research (Spring 1985): 45-53.
29. KANSAS CITY FEDERAL RESERVE BANK. Annual Report (1983).
30. MAYER, M. "The Fed Goes into Business." Fortune (April 4, 1983): 167-70.
31. MCCLINTOCK, R. M. "Impact of the Monetary Control Act." Journal of Cash Management (March/April 1984): 34-42.
32. MINNEAPOLIS FEDERAL RESERVE BANK. Annual Report (1980).
33. NEW YORK FEDERAL RESERVE BANK. Annual Report (1980).
34. OSBORNE, D., AND T. GAEBLER. Reinventing Government: How the Entrepreneurial Spirit Is Transforming the Public Sector. New York: Addison-Wesley, 1993.
35. PANKRATZ, A. Forecasting with Univariate Box-Jenkins Models: Concepts and Cases. New York: Wiley, 1983.
36. PATELL, J. M. "Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Tests." Journal of Accounting Research (Autumn 1976): 246-76.
37. REHFUSS, J. "A Leaner, Tougher Public Management? Competition with Private Contractors." Public Administration Quarterly (Summer 1991): 239-52.
38. ROGERSON, W. P. "Overhead Allocation and Incentives for Cost Minimization in Defense Procurement." The Accounting Review (October 1992): 671-90.
39. SODERSTROM, N. S. "Are Reporting Errors under PPS Random or Systematic?" Inquiry (Fall 1990): 234-41.
40. _. "Hospital Behavior under Medicare Incentives." Journal of Accounting and Public Policy (Summer 1993): 155-85.
41. SPANN, R. M. "Public vs. Private Provision of Government Services." In Budgets and Bureaucrats: The Sources of Government Growth, edited by T. E. Borcherding. Durham, N.C.: Duke University Press, 1977.
42. SWEENEY, G. "Welfare Implications of Fully Distributed Cost Pricing Applied to Partially Regulated Firms." Bell Journal of Economics (Summer 1982): 525-33.
43. THOMAS, J. K., AND S. TUNG. "Cost Manipulation Incentives under Cost Reimbursement: Pension Costs for Defense Contracts." The Accounting Review (October 1992): 691-711.
44. TRIGAUX, R. "Fed Pricing One Year Later: Banks Wary of New Rival." American Banker (June 17, 1982): 1.
45. U.S. SENATE. Hearing before the Committee on Banking, Housing, and Urban Affairs, Federal Reserve Pricing Policy on Check Clearing Services. 98th Congress, Senate Serial no. 98-759. Washington, D.C.: Government Printing Office, April 11, 1984.