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convergence process which has been at work in manufacturing industry since the end of the 1990s and suggests that China is …
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Our work contributes to the literature relating output structure and economic development by showing that growth gains from upgrading are not unconditional. Relying on data from a panel of Chinese cities, we show that the level of capabilities available for domestic firms operating in ordinary...
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We propose the first evaluation using micro-level data of the expected growth gains from the consistency of activities with local comparative advantage. Using firm level data from Chinese customs over 2000-2006, we investigate the relationship between the export performance of firms and how...
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-2009? To explain this divergence, we provide a structural interpretation of these episodes through the estimation of a business … idiosyncratic uncertainty in the financial sector, have played a crucial role in the divergence with the absence of risk reversal in … at the origin of the double-dip recession in the Euro area. A companion website is available at http://shiny.cepii.fr/risk-shocks-and-divergence. …
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