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firms through intermediate goods deliver a multiplier similar to the one associated with capital accumulation in a … neoclassical growth model. Because the intermediate goods' share of revenue is about 1/2, this multiplier is substantial. Second … final consumption delivers a superstar effect: GDP depends disproportionately on the highest levels of productivity in the …
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future growth is conditioned by weekend (internal) multiplier effects and strengthened (external) exogenous effects, i …
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