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empirical model which takes into account both that preferential trade agreement membership is endogenous and that the world …
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that arise along the way. Special attention is given to Norway, the world's third largest oil exporter, and the role of …
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This essay reviews the relationship between natural-resource abundance and economic growth around the world, and … protection, corruption, and income inequality. The cross-sectional data show, moreover, that the share of the primary sector in …
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abundant natural capital tend to have (a) less trade and foreign investment, (b) more corruption, (c) less education, and (d …
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We build and estimate a structural dynamic general equilibrium model of growth and trade. Trade affects growth through changes in consumer and producer prices that in turn stimulate or impede physical capital accumulation. At the same time, growth affects trade, directly through changes in...
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