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scanned Gross Domestic Product and export performance of the Indian economy for the period 1985-86 to 2004-05 with an attempt …
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Starting with Romer [1987] and Rivera-Batiz-Romer [1991] economists have been able to model how trade enhances growth through the creation and import of new varieties. In this framework, international trade increases economic output through two channels. First, trade raises productivity levels...
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