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"We develop a method for decomposing countries' observed export prices into quality versus quality …-adjusted-price components using information contained in their trade balances. Holding observed export prices constant, countries with surpluses …
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"While openness to trade is a well-recognized hallmark of many successful emerging market economies known as "growth miracles," another component of the growth model is a leapfrogging strategy - the use of policies to guide the industrial structural transformation ahead of a country's factor...
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