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  • 标题:Distribution services and economic growth
  • 本地全文:下载
  • 作者:Yi Jin ; Zhixiong Zeng
  • 期刊名称:Economics Bulletin
  • 电子版ISSN:1545-2921
  • 出版年度:2006
  • 卷号:15
  • 出版社:Economics Bulletin
  • 摘要:We analyze how the presence of distribution services affects an economy's long-run growth. We show that in an endogenous growth model, increases in the unit distribution requirement lower the economy''s balanced growth rate by reducing the proportion of aggregate employment allocated to the manufacturing sector. This contrasts with the neutrality result in the exogenous growth case.
  • 关键词:Distribution services
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