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This paper develops a theory of firm selection and growth and embeds it into an international trade framework of balanced growth. I assume that firm-level growth is the result of idiosyncratic productivity improvements while there is continuous arrival of new potential producers. Firms can also...
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impact of drought and water policy reform, and the economic costs of climate change mitigation (Dixon and Parmenter (1996 … example. The results are subsequently compared to findings of a similar policy scenario in Australia, which are outlined in …
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