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efficiency scores derived from stochastic frontier analysis. To correct for this heterogeneity in coefficients, I propose a …. This estimation has better goodness of fit, reduced variance of all coefficients, and higher efficiency scores for nearly …
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I examine the effects of privatization, in the form of acquisitions, in the Swedish electricity distribution sector. As … effects on price and labor efficiency. In comparison to their synthetic counterparts, I find that the acquired networks … increased labor efficiency by on average 18 percent, while no effect is found on the price. Thus, the evidence suggests …
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