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Measureable Dynamic Gains from Trade

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NBER1989-10-01 更新2025-01-04 收录
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https://www.nber.org/papers/w3147
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Productive factors such as human and physical capital are accumulated and trade can affect the steady-state levels of such factors. Consequently, trade liberalization will have dynamic effects on output and welfare as the economy moves to its new steady state, in addition to its usual static effects
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1989-10-01
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