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The global welfare impact of China : trade integration and technological change

Di Giovanni, Julian; Levchenko, Andrei A.; Zhang, Jing - 2013

Ricardian-Heckscher-Ohlin model implemented on 75 countries. We simulate two alternative productivity growth scenarios: a … "balanced" one in which China's productivity grows at the same rate in each sector, and an "unbalanced" one in which China …'s comparative disadvantage sectors catch up disproportionately faster to the world productivity frontier. Contrary to a well …

Persistent link: https://www.econbiz.de/10009788687

The Global Welfare Impact of China : Trade Integration and Technological Change

di Giovanni, Julian - 2013

Persistent link: https://www.econbiz.de/10013076650

Technological change, trade, and endogenous factor endowments

Gundlach, Erich (contributor); Vaal, Albert de (contributor) - 2008

Factor endowments are usually taken as given in trade theoretical analyses of technological change. We use the Deardorff (1974) diagram to show how the steady state capital labor ratio endogenously adjusts to technology shocks in a two-sector small open economy, an effect which has largely been...