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for estimating long-run relationships. The empirical results suggest that the growth of output in France has been spurred … by increased trade integration within the European Community and by the accumulation not only of business sector capital …--the only measure of capital included in most empirical studies--but also by the accumulation of government infrastructure …
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In this article, long term data is analyzed for the total growth of the world economy and the growth of developed (G7) and of the rapid developing economies. BRICS countries are known countries with their meetings since 2008. Rapidly developing countries such as Mexico, Argentina, Turkey,...
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