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This dissertation investigates the productive performance of the private manufacturing sector of Egypt, particularly within the context of economic reforms undertaken since the early 1990s. Beginning in 1991, the Egyptian government implemented reforms to achieve macroeconomic stabilization and...
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We present a price cap mechanism, which features an external standard, constructed to elicit efficient utility performance. We focus on a method for setting the external standard, which is usually based on industry total factor productivity (TFP), when 'peer' data are not readily available. The...
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