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Some new features have been added to Russia's import substitution policy. Minpromtorg (Russia's Ministry of Industry and Trade) in April compiled a comprehensive list of foreign-made machinery, equipment and materials which state-owned companies will not be permitted (from 1st of July) to...
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Using a recently developed stochastic Translog production function frontier model, technical inefficiency, technological progress and returns to scale are examined during Russia's 1998-2007 cyclical expansion at the branch level including both the market and non-market economy. The service...
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