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I document that cross-country productivity differences in retail trade, which employs around 20% of workers, are accounted for, in large part, by compositional differences. In richer countries most retailing is done in modern stores, with high measured output per worker, whereas in developing...
Persistent link: https://www.econbiz.de/10014207207
Allowing for time-varying treatment effects, this paper provides new findings on the effects of inflation targeting on economic performance over time. First, developed countries lower inflation and reach their targets rapidly in two years and developing countries reduce inflation gradually in...
Persistent link: https://www.econbiz.de/10014207242
Many technologies used by the LDCs are developed in the OECD economies, and as such, are designed to make optimal use of the skills of these richer countries' workforces. Due to differences in the supply of skills, some of the tasks performed by skilled workers in the OECD economies will be...
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Trade secrets are valuable intellectual property rights that protect confidential information acquired through purchase or licensing. Their value lies in their confidentiality, known only to a limited group, and the owner must take reasonable measures to maintain secrecy. Trade secrets encompass...
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The concept of regulatory chill remains one of the most controversial topics in international investment law. To this day, scholars have produced an abundance of academic works with contradictory conclusions on whether the existence of ISDS mechanisms in International Investment Agreements has a...
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