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regions of the world that were relatively advanced in the pre-industrial period, but would start to industrialize about 150 … economies that in total account for about two-fifths of the world’s population in the mid-18th century. Our main findings …
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We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between the years of 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to substantial productivity gains for domestic firms. The size of FDI...
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