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The index is sensitive to time changes of quantity and price data, over time, drawn from sub-measures, partially additive as they are measured in different units. The index summarizes these in a time series which includes the updates in quantities and prices’ values.Because usually data are...
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may fail to produce a valid measurement, and this unmeasured relatedness can result in endogeneity in empirical analyses …
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-owned companies located in Finland. Our results suggest that the recorded annual inflows of FDI poorly measure annual real investments …
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