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The Trump Administration's tariffs created a wedge between mutually beneficial trades between China's producers and U.S. consumers. Moving production to nearby Vietnam allows firms to jump the tariff wall. Within Vietnam, cities closer to China with respect to distance and industrial mix grow...
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China's government has spent hundreds of billions of dollars to invest in new industrial parks with the intent of boosting the productivity of new firms attracted to the parks and to generate spillovers for the local economy in order to accelerate economic growth. Do such place based investments...
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Megacity growth in the developing world is fueled by a desire to access their large local labor markets. Growing megacities suffer from high levels of traffic congestion and pollution, which degrade local quality of life. Transportation technology that allows individuals to access the megacity...
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We study the long-term impact of climate change on economic activity across countries, using a stochastic growth model where labor productivity is affected by country-specific climate variables-defined as deviations of temperature and precipitation from their historical norms. Using a panel data...
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