Globalisation in Developing Countries: The Role of Transaction Costs in Explaining Economic Performance in India
收藏Organisation for Economic Co-operation and Development2026-04-11 收录
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资源简介：
The quest for large numbers has been going on for some time in international trade economics: models of trade liberalisation have consistently produced results that, compared ex post with real world data, show the right sign but the “wrong” magnitudes. This paper proposes a new approach by considering transaction costs reductions as an important...
