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Capital Flows to Developing Countries: The Allocation Puzzle

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NBER2007-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w13602
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资源简介:
According to the consensus view in growth and development economics, cross country differences in per-capita income largely reflect differences in countries' total factor productivity. We argue that this view has powerful implications for patterns of capital flows: everything else equal, countries
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2007-11-01
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