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Multifactor productivity growth measures can be constructed using different input–output concepts. We estimate three distinct productivity growth measures respectively based on gross output, value added, and cash flow and discuss their economic interpretation. By making use of an index theory...
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A characteristic feature of contemporary world economy is the development of regional trade groupings in quantitative and qualitative aspects. The groupings have been formed for many years, but the intensification of this process has been particularly evident since the mid-90’s of previous...
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Due to differences in ownership structure between cooperative and non-cooperative firms (NCFs), it has been hypothesized that co-ops may be less efficient than their non-cooperative counterparts. Illiquidity of owners’ investment and democratic governance may lead to underinvestment and...
Persistent link: https://www.econbiz.de/10011070010
This paper contributes new empirical evidence and nuanced analysis on the gender difference in access to extension services and how this translates to observed differences in technology adoption and agricultural productivity. We employ a cross-sectional instrumental-variable regression method...
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