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The present research aims to analyze two archetypal 20th century development strategy cases: Brazil's and South Korea …'s. During the last century, both countries had been experiencing catching up processes, but by the 1980's Brazil started to lag …
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The German government provides discretionary investment grants to structurally weak regions to reduce regional disparities. We use a regression discontinuity design that exploits an exogenous discrete jump in the probability of receiving investment grants, to identify the causal effects of the...
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