Distribution Capital and the Short- and Long-Run Import Demand Elasticity
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https://www.nber.org/papers/w18753
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The elasticity of substitution between home and foreign goods is one of the most important parameters in international economics. The international macro literature, which is primarily concerned with short-run business cycle fluctuations, assigns a low value to this parameter. The international
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美国国家经济研究局创建时间：
2013-02-01
