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economies. Theories of optimal taxation conclude that these taxes are detrimental to production efficiency, when firms operate … production units. The present paper investigates the effects of taxation on production efficiency, accounting for the … effect of this "tax induced organizational change" on production efficiency ultimately depends on the characteristics of the …
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This study examines the link between bank restructuring and bank efficiency in Vietnamese banks employing the Data … efficiency. Besides, we find that bank efficiency declines during bank restructuring period because of not only transition cost …
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