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The Role of Trade in Premature Deindustrialization and Industry Polarization

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NBER2021-11-01 更新2025-01-04 收录
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We document two key patterns of structural change: premature deindustrialization and rising industry polarization. Using a dynamic open-economy model with sector- biased technological change (SBTC), we evaluate the role of trade in these shifts. Trade alone does not cause premature

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2021-11-01
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