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This paper develops a framework for measuring and decomposing TFP changes, within the parametric approach, by using directly the estimated parameters of a profit function. Two alternative relationships are derived for measuring and decomposing TFP changes via a profit function based on two...
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A multiproducttranslog normalized shadow profit function is used to examineX-efficiency and related issues with respect to Taiwan's bankingsector. The model developed here is theoretically more appropriatecompared to that proposed by Berger, Hancock, and Humphrey (1993);as the former is obtained...
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