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productivity, but this effect was stronger in the areas in which railways were already built. Moreover, railways helped industrial …
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contribution to income per-capita growth in India compared to the most dynamic Latin American economies between 1860 and 1912. The … smaller contribution in India is related to four factors: (1) the smaller size of railway freight revenues in the Indian …
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There is evidence that better performing firms tend to enter international markets. Internationally active firms are larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging in international activity are found especially in...
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