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-country model of international trade and endogenous productivity growth. Knowledge spillovers link firm-level productivity in …
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productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical … change in China has been induced by sharp increase in input prices that have accompanied its rapid economic growth. Utilizing … buffers a long-term decline in TFP growth that would otherwise be quite substantial. We conclude that China's economic growth …
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