How Long to Read The Global Welfare Impact of China

By Julian di Giovanni

How Long Does it Take to Read The Global Welfare Impact of China?

It takes the average reader 1 hour and 2 minutes to read The Global Welfare Impact of China by Julian di Giovanni

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper evaluates the global welfare impact of China''s trade integration and technological change in a quantitative 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-known conjecture (Samuelson, 2004), the large majority of countries in the sample, including the developed ones, experience an order of magnitude larger welfare gains when China''s productivity growth is biased towards its comparative disadvantage sectors. We demonstrate both analytically and quantitatively that this finding is driven by the inherently multilateral nature of world trade. As a separate but related exercise we quantify the worldwide welfare gains from China''s trade integration.

How long is The Global Welfare Impact of China?

The Global Welfare Impact of China by Julian di Giovanni is 62 pages long, and a total of 15,624 words.

This makes it 21% the length of the average book. It also has 19% more words than the average book.

How Long Does it Take to Read The Global Welfare Impact of China Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 25 minutes to read The Global Welfare Impact of China aloud.

What Reading Level is The Global Welfare Impact of China?

The Global Welfare Impact of China is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Global Welfare Impact of China?

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