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Most often, the competition authorities approve combinations based on the tradeoff between the expected efficiency …
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This paper uses the data envelopment analysis (DEA) based Malmquist productivity index to estimate total factor productivity growth (TFPG), technical change, and efficiency change for a panel of firms during the period 1991 to 2001 in 26 Indian manufacturing industries. The paper then analyses...
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caused by nonperforming loans, borrowing constraints, and uncertainty over changes in government guidance in bank lending. In …
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