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The liberalisation of agricultural markets has increased the interest of farmers (as well as those working on policies concerned with their welfare) in agricultural diversification strategies. However, empirical research on diversification in European agricultural markets is very limited. This...
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This paper explores the consequences for parametric and non-parametric efficiency levels and rankings when using grouped instead of individual Decision Making Units (DMU). The bias results due to the differences of the grouped DMUs frontier compared to the individual DMUs frontier. Monte Carlo...
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