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Trade is an essential driver of economic growth and development. However, the high cost of trade has remained a significant barrier to the success of cross-border trade in many regions across the world. One-stop border posts (OSBPs) have been introduced in various regions, including East Africa,...
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Empirical work in labour economics has focused on rent sharing as an explanation for the observed correlation in cross-sections between wages and profitability. The alternative explanation of risk sharing between workers and employers has not been tested. Using a unique panel data set for four...
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