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the context of a production function for Spain, with estimates obtained from an aggregate cost function. The results are … inputs and imports are particularly important as the internationalization of the Spanish economy continues since, in the … short run and ceteris paribus, further removal of import restrictions may have a negative impact on the demand for domestic …
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nature and level of its imports of capital goods from China. In contrast, the findings provide no support for the idea that …
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results of a material flow analysis for Spain for the period from 1980 to 2000. The analysis reveals that neither strong nor …, materials mobilised by the Spanish economy (DMI) increased by 85% in absolute terms, surpassing GDP growth. In addition, Spain … became more dependent on external trade in physical terms. In fact, its imports are more than twice the amount of its exports …
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This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses an empirical strategy based on an error correction model to assess whether the global trade slowdown is structural or cyclical
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