Hsieh, Chang-tai; Ossa, Ralph - 2011
as in Melitz (2003). We then estimate China's productivity growth at the industry level and use our model to quantify … what would have happened to real incomes throughout the world if nothing but China's productivity had changed. We find that … average real income in the rest of the world increased by a cumulative 0.48% from 1992-2007 due to China's productivity growth …