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We provide aggregate macroeconomic evidence on how, in the long-run, a diverse degree of complexity in production may affect not only the rate of economic growth, but also the correlation between the latter, population growth and the monopolistic (intermediate) markups. For a sample of OECD...
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This work provides a macroeconomic approach and a sound conceptual foundation for the notion of competitiveness gains, so prone to multiple interpretations, and to make it fit for empirical analyses. Instead of competitiveness is competitiveness gains the relevant concept, defined as a situation...
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