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Finance and Development: A Tale of Two Sectors

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NBER2009-04-01 更新2025-01-04 收录
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Income differences across countries primarily reflect differences in total factor productivity (TFP). More disaggregated data show that the TFP gap between rich and poor countries varies systematically across industrial sectors of the economy: Poor countries are particularly unproductive in tradable

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2009-04-01
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