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Browsing HEC Articles by Author "VASTA, Michelangelo"
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Title:Was Industrialization An Escape From the Commodity Lottery? Evidence From Italy, 1861-1939
Author(s):FEDERICO, Giovanni; VASTA, MichelangeloDate:2010Type of Publication:ArticleAbstract:The specialization in exporting primary products is frequently deemed harmful for long-run development, because it increases volatility of terms of trade and thus the number and frequency of macroeconomic shocks. One would ...