LLM-based event measure of bilateral geopolitical alignment shows a one-SD permanent improvement raises GDP per capita by about 10 percent over 25 years through local projections on within-country variation.
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Measuring Geopolitical Alignment and Economic Growth
LLM-based event measure of bilateral geopolitical alignment shows a one-SD permanent improvement raises GDP per capita by about 10 percent over 25 years through local projections on within-country variation.