Why are some countries so much richer than others? Development Accounting is a first-pass
attempt at organizing the answer around two proximate determinants: factors of production …

Why do growth rates differ? This paper surveys the recent empirical literature on economic
growth, starting with a discussion of stylized facts, data problems, and statistical methods …

We study credit allocation across firms and its real effects during China's economic stimulus
plan of 2009–2010. We match confidential loan-level data from the nineteen largest Chinese …

We examine the record of cross-country growth over the past fifty years and ask if
developing countries have made progress on closing the income gap between their per …

内容提要: 本文以经济体系为核心概念, 综合运用政治经济学, 微观经济学与宏观经济学方法,
建立一个逻辑框架, 阐述现代化经济体系建设的理论逻辑. 主要结论如下:(1) …

Trade is a cornerstone concept in economics worldwide. This updated second edition of the
essential graduate textbook in international trade brings readers to the forefront of …

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 …

A comprehensive, rigorous, and up-to-date introduction to growth economics that presents
all the major growth paradigms and shows how they can be used to analyze the growth …

A high proportion of skilled workers in the labor force implies a large market size for skill-
complementary technologies, and encourages faster upgrading of the productivity of skilled …

We analyze an economy where firms undertake both innovation and adoption of
technologies from the world technology frontier. The selection of high-skill managers and …