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In this article, the recently published OECD-WTO TiVA data are used to re-examine the question of comparative advantage. Using the framework developed in Beaudreau (2011), it delves into the structural determinants of vertical, as opposed to horizontal, comparative advantage (VCA). In...
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Despite their growing technical sophistication and empirical breadth, Granger energy-GDP causality tests remain inconclusive, leaving unresolved the increasingly relevant debate over the role of energy or energy growth in economic growth. While historians and growth theorists point to the...
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