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Hansen Nobel 08 Krugman

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Why important?Replacing hopeless assumptions of ”perfectcompetition” in standard trade trade model• Not immediate policy conclusions, but line ofthinking for empirical and theoretical research• Theoretical basis for gravity modelsCross-buandary approach: Takingachievements outside mainstream economicsseriousAnders Chr. <strong>Hansen</strong> 1417.12.20<strong>08</strong>

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