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In the presence of strong economies of scale, a fall in transport costs can lead to a more pronounced geographical concentration of production. This is very apparent in the growing concentration of breweries in England from 1900-1970. The number of breweries in England fell sharply between 1900...
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too restrictive. In this paper linear Phillips curves for Australia, Sweden and the United States is tested for linearity … linearity is rejected for both Australia and Sweden while the Phillips curve for the United States appears to be linear. …
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