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The present research aims to analyze two archetypal 20th century development strategy cases: Brazil's and South Korea …'s. During the last century, both countries had been experiencing catching up processes, but by the 1980's Brazil started to lag …
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This paper investigates a relationship between economic growth and industrial policy. The methodology employed in this work is the Autoregressive Distributed Lag (ARDL) Model. In addition, the bound cointegration test and Error Correction Model were conducted (ECM). This research estimated the...
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