The short-run elasticity (-0.43 (-0.74 + 0.31)) is lower than the long-run counterpart, 0.74.
By two key measures used by national child welfare groups, California's privatized system is worse than its government-run counterpart, according to a Times analysis of three years of data ending in 2011.
But the care on offer is markedly better than in most of its state-run counterparts.
Contrary to what Seldon says, the evidence from the US suggests that these privately run schools provide a significantly worse education than their state-run counterparts.
(Having said that, evidence that private prisons offer significant cost savings to their state-run counterparts is both thinner and more ambiguous in practice than in theory).
LTCM bet that their yields would converge by buying off-the-run Treasuries and selling their on-the-run counterparts short.The potential profits were tiny no more than a few basis points (hundredths of a percentage point).
Some 95 per cent of all children who call into one of its drop-in centres in London and Bristol self-refer, drawn to an initiative seemingly unhindered by the bureaucracy that stifles its government-run counterparts.
But the party has also clung tenaciously to the most profitable pillar industries and the financial system, and it is not always easy to distinguish the biggest private companies from their state-run counterparts in China's hybrid economy.
When Yates released her statement on the new approach, she said for-profit prisons simply were not as efficient as their state-run counterparts, and didn't save substantially on costs either.
Even when funding occurs, women-led startups often make do with less capital than their male-run counterparts.
One study found that, over the lifetime of ownership, electric vehicles cost, depending on the vehicle size, roughly 40-60% more than their fuel-run counterparts.
