It takes the average reader and 40 minutes to read Sizing Up the Effects of Technological Decoupling by Diego A. Cerdeiro
Assuming a reading speed of 250 words per minute. Learn more
This paper proposes channels through which technological decoupling can affect global growth, and embeds these different layers in a global dynamic macroeconomic model. Multiple scenarios are considered that differ along two dimensions: (i) the coalition of countries (hubs) that initiate the decoupling, and (ii) whether non-hub countries are also forced to decouple via ‘preferential attachment’ – i.e. by aligning themselves with the hub they trade most with. All global technology hubs lose across scenarios, and losses are largest under preferential attachment. Smaller countries with relations that straddle multiple hubs generally lose, whereas those whose trade is heavily concentrated with one hub may gain due to reduced competition under some scenarios. Technological fragmentation can lead to losses in the order of 5 percent of GDP for many economies.
Sizing Up the Effects of Technological Decoupling by Diego A. Cerdeiro is 39 pages long, and a total of 10,101 words.
This makes it 13% the length of the average book. It also has 12% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 55 minutes to read Sizing Up the Effects of Technological Decoupling aloud.
Sizing Up the Effects of Technological Decoupling is suitable for students ages 8 and up.
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