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Melitz Meets Lewis: The Impacts of Roads on Structural Transformation and Businesses

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NBER2024-05-01 更新2025-01-04 收录
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This paper examines the impact of roads on structural transformation and business composition theoretically and empirically. We develop a two-sector model of regional trade with endogenous firm entry that highlights two opposing forces. \textit{Ceteris paribus} lower trade costs in non-agriculture

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2024-05-01
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