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Transition is very unpredictable because of several value changes among macro-social alterations which are reflected in public opinion variability, based on the increment of dissatisfaction with new employment policies, relationship with capital(ISITS) and occurrence of social discrepancies....
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I formulate and estimate a model of externalities within countries and technological interdependence across countries. I find that external returns to scale to physical capital within countries are 8 percent; that a 10 percent increase of total factor productivity of a country's neighbors raises...
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