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The paper examines the consequences of a 50 percent cut of tariff and non-tariff barriers within an applied general equilibrium model of the Canadian economy. The large welfare gains are explained in terms of scale economics and the procompetitive effects of import competition. Sensitivity...
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This study empirically assesses the microeconomic exporting-productivity nexus for both the UK manufacturing and services sectors during 1996-2004, based on a weighted FAME dataset. Our results show that firms that are older, that possess intangible assets or that have higher (labour)...
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