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| Peter J. Stauvermann |
| Changwon National University |
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| Changwon National University |
| School of Global Business & Economics |
| 20, Changwondaehak-ro |
| Changwon, Gyeongnam 641-773 |
| Republic of Korea |
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| pstauvermann@t-online.de |
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JEL Areas: H3 : Fiscal Policies and Behavior of Economic Agents: General O4 : Economic Growth and Aggregate Productivity: General |