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Conventional econometric analysis using VEC suggests that there is a long-term relationship between nominal world GDP … and nominal world exports. The analysis cannot say anything about the causal relationships between the levels of GDP and … short-term adjustments, GDP plays the first fiddle. Short-term GDP changes have driven short-term changes in world exports …
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and country growth rates. The majority of the world’s R&D is concentrated in a handful of countries however, meaning that …
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In this paper, unit values and unit value ratios in bilateral manufacturing trade across all countries in the world are …
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