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Recent studies have used import data to assess the impact of foreign varieties on prices and welfare for a home country. The reliance on import data has a number of limitations. First, these papers rely on goods categories defined by the Harmonized System. Second, they define varieties using the...
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China recently has been through a quick economic development, in which its GDP went up and has influenced people's lives. This paper is written to present the income elasticity of growing GDP and people's purchasing power on imported cars which is due to their incomes. As well as the demand...
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