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Distribution Capital and the Short- and Long-Run Import Demand Elasticity

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NBER2013-02-01 更新2025-01-04 收录
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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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2013-02-01
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