Does Trade Cause Capital to Flow? Evidence from Historical Rainfall
收藏NBER2010-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w16034
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We use a historical quasi-experiment to estimate the causal effect of trade on capital flows. We argue that fluctuations in regional rainfall within the Ottoman Empire capture the exogenous variation in exports from the Empire to Germany, France, and the U.K., during the period of 18591913. The
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美国国家经济研究局创建时间：
2010-05-01
