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    <SEQUENTIAL>
      <record key="001" att1="001" value="LIB911047302" att2="LIB911047302">001   LIB911047302</record>
      <field key="037" subkey="x">englisch</field>
      <field key="050" subkey="x">Forschungsbericht</field>
      <field key="076" subkey="">Ökonomie</field>
      <field key="079" subkey="y">http://www.ihs.ac.at/publications/eco/es-66.pdf</field>
      <field key="079" subkey="z">Wagner, Martin, Capital and Goods Market Integration and the Inequality of Nations (pdf)</field>
      <field key="079" subkey="y">http://ideas.repec.org/p/ihs/ihsesp/66.html</field>
      <field key="079" subkey="z">Institute for Advanced Studies. Economics Series; 66 (RePEc)</field>
      <field key="100" subkey="">Wagner, Martin</field>
      <field key="103" subkey="">Institute of Advanced Studies, Vienna</field>
      <field key="331" subkey="">Capital and Goods Market Integration and the Inequality of Nations</field>
      <field key="403" subkey="">1. Ed.</field>
      <field key="410" subkey="">Wien</field>
      <field key="412" subkey="">Institut für Höhere Studien</field>
      <field key="425" subkey="">1999, June</field>
      <field key="433" subkey="">22 pp.</field>
      <field key="451" subkey="">Institut für Höhere Studien; Reihe Ökonomie; 66</field>
      <field key="451" subkey="h">Kunst, Robert M. (Ed.) ; Fisher, Walter (Ed.) ; Ritzberger, Klaus (Ed.)</field>
      <field key="461" subkey="">Economics Series</field>
      <field key="517" subkey="c">from the Table of Contents: Introduction; Description of the Model; Equilibrium Structure: Wages, Interest Rates and Income;</field>
      <field key="Mar" subkey="k">et Integration; Final Remarks; The Perfectly Asymmetric Case; Some Comparatice Statics;</field>
      <field key="544" subkey="">IHSES 66</field>
      <field key="700" subkey="">F12</field>
      <field key="700" subkey="">F15</field>
      <field key="720" subkey="">Globalisation</field>
      <field key="720" subkey="">Trade</field>
      <field key="720" subkey="">Market Imperfections</field>
      <field key="720" subkey="">Integration</field>
      <field key="753" subkey="">Abstract: A 2-country model with two groups of agents, workers and capitalists is presented in which economic integration results</field>
      <field key="in" subkey="a">n initial phase of catch-up, where the less industrialised country experiences the rise in both capital and labour income.</field>
      <field key="The" subkey="n">, after a certain level of integration has been reached, the less industrialised country is completely de-industrialised.</field>
      <field key="Thi" subkey="s">has detrimental effects on the income of this country's workers, but the capital owners of this country gain from</field>
      <field key="spe" subkey="c">ialisation, as do the workers in the industrialised country. Both the capital and the goods markets are subject to</field>
      <field key="imp" subkey="e">rfections. The structure of the equilibrium sets during integration is characterised completely.;</field>
    </SEQUENTIAL>
  </section>
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