Relative Prices and Relative Prosperity
By Chang-tai Hsieh, Peter J. Klenow. 2007
401 citations recorded by the source corpus.
Subfields: Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/ad412cbd0063df15f7089827e40bf6eb0cdaaabf
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Economics and Econometrics
- Francisco J. Buera
- Diego Restuccia
- Yongseok Shin
- Joseph P. Kaboski
- Xiaodong Zhu
- Charles I. Jones
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- Andrés Erosa
Citations in the corpus
- International Trade in General Oligopolistic Equilibrium (2016, methodology): “So Lemmas 1 and 2 provide a micro-foundation in our model for the importance of markup dispersion in making gains from trade possible, as emphasized by Hsieh and Klenow (2007), Epifani and Gancia (2011) and Edmond et al. (2015).”
- Financial Intermediation and Economic Development: A Quantitative Assessment ⁄ (2007, neutral): “These preferences imply that real savings rates are similar in all the economies we compare in this paper, which is consistent with the evidence discussed by Hsieh and Klenow (2004) .”
- Understanding the Mechanisms of Economic Development (2010, background): “But the end result is an accumulation of useful knowledge and understanding.”
- Agriculture and aggregate productivity: A quantitative cross-country analysis (2008, background): “…to the neoclassical growth model to account for cross-country differences in labor productivity (e.g., King and Levine, 1994; Chari et al., 1996; Klenow and Rodriguez-Clare, 1997; Prescott, 1998; Hall and Jones, 1999; Lucas, 2000; Parente and Prescott, 2000; Ngai, 2004; Hsieh and Klenow, 2007).”
- How important is human capital? A quantitative theory assessment of world income inequality (2010, methodology): “The findings in Hsieh and Klenow (2007) suggest that ε = 1/3 gives a reasonably good approximation of the cross-country data on relative prices.”
- Explaining International Fertility Differences (2009, background): “(21) Given the equilibrium wage rate and (15), (21) can be used to solve for g.”
- FINANCE AND DEVELOPMENT: A TALE OF TWO SECTORS (2011, methodology): “For instance, less developed countries are particularly unproductive in producing manufactured goods, including equipment investment (Chang-Tai Hsieh and Klenow 2007).”