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We estimate changes in the productivity of schooling for six East Asian countries. Our productivity measure is based on changes in the relative price of schooling. A rising price of schooling relative to other labor-intensive service sectors should indicate declining relative schooling...
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The paper argues that measuring revealed comparative advantages (RCA) in international trade in services cannot be straightforwardly compared to RCA in trade in goods. The essential difference is that services are internationally exchanged not only by cross-border trade mainly subject to...
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