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New Silk Road railways have provided cross-continental rail freight services between China and Eurasian countries since … China. To address the issue of endogenous placement of railways, we utilize the generalized synthetic control method. We … countries based on whether they share boundary with China …
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This paper uses the gravity model of trade to investigate the link between foreign aid and exports in recipient countries. Most of the theoretical work emphasizes the negative impact of aid on recipient countries' exports primarily due to exchange rate appreciation, disregarding possible...
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