Keywords: Panel data models
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Journal Articles
Journal Articles
Journal of Economic Studies (2013) 40 (4): 528–548.
Published: 30 August 2013
... hysteresis Panel data models Brazil During the 1980s, the asymmetric behavior of the USA trade deficit inspired international trade economists to construct models which included hysteresis. Baldwin (1988) , Dixit (1989) and Krugman (1989) , amongst others, argue that a temporary misalignment...

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