Gravity Chains: Estimating Bilateral Trade Flows When Parts And Components Trade Is Important
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Trade is measured on a gross sales basis while GDP is measured on a net sales basis, i.e. value added. The rapid internationalisation of production in the last two decades has meant that gross trade flows are increasingly unrepresentative of the value added flows. This fact has important
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美国国家经济研究局创建时间：
2011-01-01
