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The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs --Hong Kong, Korea … production in Asian NICs for the period 1980-95 and compares their specialisation pattern with that of more advanced economies …
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: developed markets, emerging markets, the world, and separately 73 countries. We find that the conditional asymmetry of returns …
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Cross-price elasticities are updated in this report, using the World Bank's 2005 International Comparison Program (ICP …
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Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic mechanism of per capita income convergence among countries....
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