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Trade and Investment in the Global Economy

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NBER2017-09-01 更新2025-01-04 收录
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We develop a dynamic multi-country trade model with foreign direct investment (FDI) in the form of non-rival technology capital. The model nests structural gravity sub-systems for FDI and trade, with accumulation/decumulation of phyisical and technology capital in transition to the steady state. The

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2017-09-01
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