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We empirically analyse the role of labour market regulations for the impact of trade on growth. The results indicate that countries with flexible labour markets are more likely to harness the gains from trade. This outcome may help to explain the diverse impact of trade on growth.
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DIE REIHE: SCHRIFTENREIHE ZU ORDNUNGSFRAGEN DER WIRTSCHAFTherausgegeben von Thomas Apolte, Martin Leschke, Albrecht F. Michler, Christian Müller,Rahel Schomaker und Dirk WentzelDie Reihe diskutiert aktuelle ordnungspolitische und institutionenökonomische Fragestellungen. Durch die methodische...
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