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This paper investigates the efficiency status of Botswana Meat Commission (BMC), which is a public company. It employs … transcendental logarithmic Stochastic Production Frontier to estimate efficiency, and ordered Logit model to ascertain determinants … of the efficiency of BMC. Estimation data for the period of study (1979-2009) were accessed from the Bank of Botswana …
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sufficient nor necessary for efficiency. Whether or not the competitive level of production and market concentration of firms are …
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