Series: IMF Working Papers
Author(s): Ashvin Ahuja
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 March 2012
Keywords: Aggregate Productivity, monopoly, tfp, gdp per capita, competitive equilibrium, Macroeconomic Analyses of Economic Development, Economic Growth And Aggregate Productivity,
During the past decade, the average Chinese earns roughly 9 times less and is 10 times less productive than the average American at purchasing power parity. Current consensus attributes large differences in output...