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Does Trade Raise Income? Evidence from the Twentieth Century

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NBER2000-06-01 更新2025-01-04 收录
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https://www.nber.org/papers/w7745
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Efforts to estimate the effects of international trade on a country's real income have been hampered by the failure to account for the endogeneity of trade. Frankel and Romer recently use a country's geographic attributes - notably its distance from potential trading partners - as an instrument to
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2000-06-01
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