Competitive Pressure and the Decline of the Rust Belt: A Macroeconomic Analysis
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No region of the United States fared worse over the postwar period than the "Rust Belt," the heavy manufacturing region bordering the Great Lakes. This paper hypothesizes that the Rust Belt declined in large part due to a lack of competitive pressure in its labor and output markets. We formalize
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美国国家经济研究局创建时间：
2014-10-01
