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This paper demonstrates that cyclical movements of major industrial market groups (durable and nondurable consumer products, equipment, materials and supplies) have important peculiarities in Russia and in the US. It allows a better understanding of business cycles in national economies...
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Deindustrialisation is typically conceptualised as a decline in manufacturing as a share of total employment. From a Kaldorian perspective deindustrialisation could have negative implications for long-run growth, given the special growth-pulling properties of manufacturing. However, defining...
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