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We show how economies of scale may be distinguished from technical progress and how both may be simultaneously identified in the empirical analysis of aggregate economic growth. Using the meta-production function framework and a cross-section of time-series macroeconomic data on inputs and...
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From efficiency to security -- New advantages in economies of scale amid deglobalization -- Pursuit of prosperity amid changes: Evolution of trade rules and global industry chains -- Digital innovation reshaping industry chains -- Global industry chains amid green transformation: Opportunities...
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