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We present cross-country evidence that a country's macroeconomic volatility, measured either by the standard deviation of output growth or the occurrence of trend-growth breaks, is significantly affected by the country's historical variables. In particular, countries with longer histories of...
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toward the end of 2010). Yet, between 2000-04 and 2005-09 world cotton production increased 13 percent. This paper … conjectures that biotechnology-induced productivity improvements increased supplies by China and India, which, in addition to … keeping cotton prices low, aided these countries to capture market share from (and cause losses to) non-users of biotechnology …
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toward the end of 2010). Yet, between 2000-04 and 2005-09 world cotton production increased 13 percent. This paper … conjectures that biotechnology-induced productivity improvements increased supplies by China and India, which, in addition to … biotechnology. By contrast, with a single exception, Africa has not adopted biotechnology and, not coincidentally, its cotton output …
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