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After the collapse of the Soviet Union in 1991, Russian economy was on the way to becoming more market-based. While the broadening of market forces in Russian agriculture seems plausible, there is little empirical evidence to support the proportion that land allocation decision among grains and...
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Laitinen (1980) derives an input allocation model for a multiproduct firm that first maximizes revenue and second maximizes profit. While theoretically elegant, the model has never been formulated empirically because of the complexity of the model’s price-deflated terms. This paper derives the...
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