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We use the concept of marginal intra-industry trade (MIIT) to analyse the effect of trade expansion on labour productivity growth across 23 EU countries and 94 manufacturing sectors in 1995-2005. The highest MIIT index values are found in sectors producing differentiated goods as well as in...
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The purpose of this article is to investigate the impact of marginal intra-industry trade on economic growth. The results indicate that economic growth is a dynamic process. The change of intra-industry has a positive impact on economic growth. This paper confirms relevant theoretical hypothesis...
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Since small economies are not in a favourable position compared to the relatively large economies in the world market when it comes to benefits from trade, the issues of trade openness and its impacts on economic growth has been of critical importance to small and open economies. The paper...
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