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We focus on the effect of state versus private ownership on the rates of firm-specific productivity growth and cost … decline by developing a model of endogenous, firm-specific productivity growth and testing its implications against panel data … results show that state ownership can lower the long-run annual rate of productivity growth or cost decline, but not …
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The European Commission and its member states are wrestling with the problem of how to implement the scheduled liberalization of the postal sector while maintaining the service obligation. This book addresses some of these concerns. It is comprised of essays chosen from those presented at the...
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