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As emerging economies integrate their markets with the rest of the world, competition driven changes in profitability … profitability distributions under such conditions using China’s WTO accession as a natural experiment, to carry out before and after … comparisons. Our results suggest that after WTO accession, the long run (ergodic) distribution of conditional profitability rates …
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collect data from 709 firms across the United States, Japan, and China. They find support for their capability hypotheses, as …
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Über eine Regressionsanalyse Messung der privaten Rentabilität der verarbeitenden Industrie in Japan, Korea und Taiwan …
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"Karl Marx hypothesized that there is a long-term tendency for the profit rate to fall in capitalist economies. Immanuel Wallerstein hypothesized that capitalist development tends to drive up labor cost, material cost, and taxation cost. This book evaluates Marx's and Wallerstein's hypotheses by...
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