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This paper develops a computable spatial equilibrium model of Central Asia and uses it to analyze the possible effects of the Belt Road Initiative on the economy of the region. The model captures international and subnational economic units and their connectivity to each other and the rest of...
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This paper takes a first look at the trade effects of China's Belt and Road Initiative, also referred to as the New … Initiative. Then, it estimates the effect of improvement in bilateral time to trade on bilateral export values and trade patterns …
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