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We exploit employment data from 10,528 parishes across nineteenth century England and Wales and find that a one standard deviation increase in finance employment increases the annualized growth rate of secondary labour by 0.8 percentage points. An endogenous growth model with finance and...
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that although Mexico's export-led industrialization successfully adapted to the world market and transformed its productive … finds evidence that growing per capita income in Mexico is directly related to its "trade opening", but is inversely related … negative impact of productive manufacturing specialization, we examined the characteristics of Mexico's industry. Results show …
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