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[1,2] are two highly cited studies on the relationship between energy and development. These are two seminal empirical papers touching upon the notions of causation and correlation, respectively, as far as energy economics is concerned. This study is a comprehensive note on these notions'...
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The Just-in-Time manufacturing philosophy appears to be the most effective remedy to reduce income disparities in countries where majority of people are young, energetic and looking for job to earn respectable living in the society. JIT manufacturing system is designed to split production...
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