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This paper uses a sectoral version of conventional Imperfect substitutes model to motivate a parsimonious estimation of … imports. To this end, we were able to obtain theory-implied estimates of import and export income and price elasticities for …
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The literature on backward and forward linkages in global value chains (GVCs) explores the interconnectedness of production processes across different stages and locations within the global economy. The significance of imports in value chains, however, is relatively unexplored. Recognizing...
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