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Introduction and preliminaries -- Skilled and unskilled labor -- Natural and reproducible capital -- Capital and labor -- An endogenous technology framework -- Skilled labor, unskilled labor, and experience over time -- Skills and capital over time and across countries -- Conclusions
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The benefits from financial development are known to vary across industries. However, no systematic effort has been made to determine the technological characteristics that are shared by industries that tend to grow relatively faster in more financially developed countries. This paper explores a...
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