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The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...
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We conduct an innovative analysis of sporting world records by a) using economic instead of sporting determinants and b … show that world records are close to full efficiency and therefore actual athletic frontiers. Forecasts including economic … determinants imply that the dynamics of world records largely depend on the dynamics of the frontiers and their driving forces, i …
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