The global welfare impact of China: Trade integration and technological change
Julian di Giovanni,
Andrei Levchenko and
Jing Zhang
Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra
Abstract:
This paper evaluates the global welfare impact of China's trade integration and technological change in a multi-country quantitative Ricardian-Heckscher-Ohlin model. We simulate two alternative 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-known conjecture (Samuelson 2004), the large majority of countries experience significantly larger welfare gains when China's productivity growth is biased towards its comparative disadvantage sectors. This finding is driven by the inherently multilateral nature of world trade.
Keywords: China; productivity growth; international trade (search for similar items in EconPapers)
JEL-codes: F11 F43 O33 O47 (search for similar items in EconPapers)
Date: 2013-10
New Economics Papers: this item is included in nep-eff, nep-opm and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)
Downloads: (external link)
https://econ-papers.upf.edu/papers/1388.pdf Whole Paper (application/pdf)
Related works:
Journal Article: The Global Welfare Impact of China: Trade Integration and Technological Change (2014) 
Working Paper: The Global Welfare Impact of China: Trade Integration and Technological Change (2013) 
Working Paper: The global welfare impact of China: trade integration and technological change (2013) 
Working Paper: The Global Welfare Impact of China: Trade Integration and Technological Change (2012) 
Working Paper: The Global Welfare Impact of China: Trade Integration and Technological Change (2012) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:upf:upfgen:1388
Access Statistics for this paper
More papers in Economics Working Papers from Department of Economics and Business, Universitat Pompeu Fabra
Bibliographic data for series maintained by ( this e-mail address is bad, please contact ).