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might vary across regions depending on their productivity gap with the most productive region in their country. Our … hypothesis is that regional productivity growth is positively related to the productivity growth of the leading region within the … country and positively related to the productivity gap with the region that has the highest level of productivity in the …
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Using data from the World Economic Forum's Global Competitiveness Report as an example, this paper compares structural indicators for 25 countries in Emerging Europe, the Caucasus, and Central Asia with a generic country with similar charactersitics that is 40 percent richer as well as a country...
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