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Productivity Growth and Capital Flows: The Dynamics of Reforms

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NBER2009-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w15268
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Why doesn't capital flow into fast-growing countries? In this paper, we provide a quantitative framework incorporating heterogeneous producers and underdeveloped domestic financial markets to study the joint dynamics of total factor productivity (TFP) and capital flows. When an unexpected once-and
创建时间:
2009-08-01
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