China and India are rapidly growing, labor-abundant economies with very different export mixes. China is more … countries. Improvement in the range and quality of their exports can create substantial welfare benefits for the world, and for … China and India, and can offset the terms-of-trade losses otherwise associated with rapid export growth. Most countries will …

The impacts of faster growth in China and India for Europe are analysed taking into account terms-of-trade effects …

, despite well-known deficiencies. This paper develops and applies optimal aggregators for the real-world case of multiple …