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This paper explores the cost and profit efficiencies of banks in China from 1996 to 2005 and their relation to the economic growth. We adopt the one-step stochastic frontier approach to estimate the cost and profit frontiers and efficiencies. The profit efficiency of banks has been improved...
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In major parts of the world, irrigation development has reached its limits in terms of land and water resources, as …, intensification with sustainable and smart irrigation solutions is the most viable way to build climate resilience and combat food … insecurity. This report advocates for 1) improving the quality of irrigation services through a combination of better design …
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In 2011, the Environmental Protection Agency and Army Corps of Engineers introduced a draft version of a guidance document that purported to clarify the jurisdiction of the Clean Water Act in accordance with recent Supreme Court Cases. Shortly thereafter, it became clear that the Draft Guidance...
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Relative performance evaluation (RPE) is, at least on paper, enjoying widespread popularity in determining the level of executive compensation. Yet existing empirical evidence of RPE is decidedly mixed. Two principal explanations are held responsible for this discord. A constructional challenge...
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