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A Global View of Productivity Growth in China / Chang-Tai Hsieh, Ralph Ossa.
- Format:
- Book
- Author/Creator:
- Hsieh, Chang-Tai.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w16778.
- NBER working paper series no. w16778
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2011.
- Summary:
- How does a country's productivity growth a¤ect worldwide real incomes through international trade? In this paper, we take this classic question to the data by measuring the spillover e¤ects of China's productivity growth. Our framework features traditional terms-of-trade e¤ects and new trade home market e¤ects as suggested by the theoretical literature and works from a reference point which perfectly matches industry-level trade. Focusing on the years 1995 to 2007, we find that the spillover e¤ects of China's productivity growth are small causing the real incomes of China's trading partners to increase by only 0.1 percent on average.
- Notes:
- Print version record
- February 2011.
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