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-wide informa-
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[15] Marcellino, M., Stock, J.H. and Watson, M.W. (2006) "A Comparison of … assessment of the price of moving the major
raw materials by sea. It is therefore a good leading indicator for trade and economic … countries is de�ned as OECD coutries excluding Turkey, Czech Republic, Hun-
gary, Poland, Slovak Republic, Mexico and Korea. In …