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The role of exports in economic growth continues to be debated and tested in the literature on trade an development. China is a new player in this debate with its rapid entry into international makrets. This paper extends some of the previous empirical studies on the relationship between exports...
Persistent link: https://www.econbiz.de/10009459104
Traditional economic theory regards the social costs of monopoly as the reduction in both consumer and producer surplus as a result of monopolization of certain sectors of the economy. Recent research has shown that a proper accounting of the social costs of monopoly must include the costs of...
Persistent link: https://www.econbiz.de/10009480687