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The technological gap theory of international trade is examined in a simple model where R&D requires the input of skilled labor, which may also be employed in production, and where enterprises' endogenous technology builds upon a Heckscher-Ohlin free exogenous technology. Intercountry...
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This paper examines whether India's liberalization of machinery and machine tools since the mid-1980s has led to the use of more recent vintages and/or better quality equipment. Empirical tests compare the weight-adjusted unit values of India's imports with those of China, and also of the USA...
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