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In the past, the protection of agriculture in the EU from exchange rate instability was accomplished at the cost of confusing regulations, welfare losses and the discrimination of other sectors. Will the 1993 reform of the Agri-Monetary System, combined with wide 15% European Monetary System...
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The efficiency of East German and West German farms is compared for 1995-1997. Non-parametric frontier analysis is used to decompose efficiency differences into technical and scale effects. The results suggest that eastern farms have the potential to attain the same technical efficiency level as...
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