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  • John F. Helliwell and Alan Chung, International Economic Transactions: Issues in Measurement and Empirical Research (University of Chicago Press, 1991), chap. 11, https://www.nber.org/books-and-chapters/international-economic-transactions-issues-measurement-and-empirical-research/macroeconomic-convergence-international-transmission-growth-and-technical-progress.

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This paper uses data for nineteen industrial countries over the period 1960-1985 to examine the evidence for...

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