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We use a stochastic frontier production model to estimate the technical efficiency of the 21 more industrialized countries in the world for the wide period from 1966 to 2007. A Cobb-Douglas function with labour and capital as inputs, GDP as output and an efficiency term with exponential...
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Social inclusion is one of the key challenges of the European Union (EU) Sustainable Development Strategy. We use four indicators from EU policies to measure social inclusion for the 27 member countries of Europe. In particular, we aggregate the four indicators in a multiplicative composite...
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