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Published in 2017 at "Macroeconomic Dynamics"
DOI: 10.1017/s1365100516000778
Abstract: This article presents a Ricardian model of trade with learning-by-doing to study the effect of barriers to trade in products with low growth potential on the long-run economic growth. The model shows that, when elasticity…
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Keywords:
tariff;
trade luxury;
goods growth;
luxury goods ... See more keywords