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characteristics, i.e. fundamental forces, against the alternative that there are poverty traps. Taking geographical variables as … fundamental characteristics, we find that we can reject fundamental forces in favor of a poverty trap model with high and low …
Persistent link: https://www.econbiz.de/10012470001
Individuals that consume different baskets of goods are differentially affected by relative price changes caused by international trade. We develop a methodology to measure the unequal gains from trade across consumers within countries. The approach requires data on aggregate expenditures and...
Persistent link: https://www.econbiz.de/10012458336