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International trade in capital goods has quantitatively important effects on economic development through capital formation and TFP. Capital goods trade enables poor countries to access more efficient technologies, leading to lower relative prices of capital goods and higher capital-output...
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This paper explores optimal environmental tax policy under which duopoly firms strategically choose the location of … of location of duopoly firms affects the welfare of the home country. We characterize the relationship between the … existence of asymmetric equilibrium in which either firm chooses relocation of its plant even if the duopoly firms are identical …
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