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types of efficiency indexes for the U.S. beer industry over the period 1950-1986. The results indicate that the beer … technical inefficiency than to scale inefficiency. Using the statistical approach, the beer industry is found to be less overall …
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The ultimate object of research concerning the Euro is to answer the following questions: (#1) What is the equilibrium trajectory of the nominal euro, measured as dollars/euro? (#2) To what extent has the equilibrium nominal euro been determined by relative prices (PPP), and to what extent has...
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