It takes the average reader and 31 minutes to read A Real Model of Transitional Growth and Competitiveness in China by Céline Rochon
Assuming a reading speed of 250 words per minute. Learn more
We present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor elicits increases in employment and output rather than only in wages; and (2) even though the domestic saving rate is high, foreign direct investment is also substantial. We explain these features in terms of a conventional neoclassical growth model-with no monetary or nominal exchange rate policy-by including two aspects of the economy explicitly in the model:...
A Real Model of Transitional Growth and Competitiveness in China by Céline Rochon is 31 pages long, and a total of 7,781 words.
This makes it 10% the length of the average book. It also has 10% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 42 minutes to read A Real Model of Transitional Growth and Competitiveness in China aloud.
A Real Model of Transitional Growth and Competitiveness in China is suitable for students ages 8 and up.
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