We construct a growth model consistent with China's economic transition: high output
growth, sustained returns on capital, reallocation within the manufacturing sector, and a …

Energy-saving technology progress can solve the contradiction between economic growth
and energy consumption. This paper divides China's manufacturing into 19 industries …

Endogenous demand composition across sectors due to income elasticity differences, or
Engel's Law for brevity, affects (i) sectoral compositions in employment and in value …

Using detailed household-level data from Malawi on physical quantities of outputs and
inputs in agricultural production, we measure total factor productivity (TFP) for farms …

China has achieved impressive growth over the last three decades. However, there has
been debate over the sources of the growth, and the role of the intensive versus extensive …

We study the implications of offshoring on innovation, technology, and wage inequality in a
Ricardian model with directed technical change. Profit maximization determines both the …

We study a dynamic general equilibrium model where innovation takes the form of the
introduction of new goods whose production requires skilled workers. Innovation is followed …

Markups vary widely across industries and countries, their heterogeneity has increased
overtime and asymmetric exposure to international trade seems partly responsible for this …

Using a national sample of Urban Household Surveys, we document several profound
changes in China's wage structure during a period of rapid economic growth. Between 1992 …

A recent wave of economic research has studied the transformation of China from a poor
country in the 1970s to a middle-income economy today. Based on this literature, we discuss …