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Start-Up Costs and Pecuniary Externalities as Barriers to Economic Development

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NBER1993-05-01 更新2025-01-04 收录
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One critical aspect of economic development is that productivity growth and a rising standard of living are realized through more roundabout methods of production and increasing specialization of intermediate inputs and producer services. We use an extended version of the Judd-Grossman-Helpman model

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1993-05-01
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