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When employers face a trade-off between growing large and paying low wages - that is, when they have monopsony power - some productive employers will decide to acquire fewer customers, forgo sales, and remain small. These decisions have adverse consequences for aggregate labor productivity....
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concerned with their welfare) in agricultural diversification strategies. However, empirical research on diversification in … between different diversification strategies and farm performance (farm growth rates). The results of fixed- and random …-effect models for approx. 3,900 farms in Schleswig-Holstein for the period 1988/89-1997/98 show that diversification into related …
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