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paper, we explore development and differences in productivity and efficiency trends in the two countries before and after … introduction of milk quotas, and more generally, changes in agricultural policy and macro-economic factors. We model productivity …
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) productivity growth, as more productive businesses displace less productive ones. However, this research has been limited by the … productivity measures. If prices reflect idiosyncratic demand or market power shifts, high "productivity" businesses may not be … selection and productivity growth using data from industries where we observe producer-level quantities and prices separately …
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