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We use a state-level panel data set for the period 1969-2005 to analyze the relative importance of profitability (rate … of profit) and industrial disputes (man-days lost to all industrial disputes per worker) in explaining cross … added, investment and employment - we find that profitability is more significant than industrial disputes in explaining the …
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The firms’ performance assessment for regulation requires estimating profit change and its drivers. This study … estimates and decomposes profit changes into components such as output and input price changes, output growth, and markups …. Using the stochastic frontier analysis, we compute the drivers of productivity change, such as technical change, returns to …
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