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Commodity Trade Matters

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NBER2018-09-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w24965
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资源简介:
Primary commodities are used as inputs into all production processes, yet they account for approximately 16 percent of world trade. Despite their share in trade, we show that the aggregate gains from trade are largely understated if we ignore key features of commodities: low price elasticities of
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2018-09-01
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