Subject: Business-Services Trade; Time Zone Differences; Growth;AK model | Business-Services Trade; Time Zone Differences; Growth; AK model
jel: jel:F12 | jel:F11
We propose a two-country growth model of intermediate business-services trade that captures the role of time zone differences. It is shown that a time-saving improvement in intermediate business-services trade involving production in different time zones can have a perm... View more
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