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Market Potential and the Rise of US Productivity Leadership

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NBER2013-02-01 更新2025-01-04 收录
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The US advantage in per capita output, apparent from the late 19th century, is frequently attributed to its relatively large domestic market. We construct market potential measures for the US and 26 other countries between 1880 and 1913 based on a general equilibrium model of production and trade.

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2013-02-01
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