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Persistent link: https://www.econbiz.de/10003954820
We propose a linear general interdependence model of the world economy, and use United Nations Statistics Division data to estimate its parameters. This allows us to assess the propagation through the channel of international trade of an exogenous shock to one country's autonomous expenditures,...
Persistent link: https://www.econbiz.de/10005258437
Persistent link: https://www.econbiz.de/10009914026