Giovanni, Julian di; Levchenko, Andrei A.; Zhang, Jing - Federal Reserve Bank of Chicago - 2013
Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a … magnitude larger welfare gains when China's productivity growth is biased towards its comparative disadvantage sectors. We …This paper evaluates the global welfare impact of China's trade integration and technological change in a quantitative …