Structural Change in an Interdependent World: A Global View of Manufacturing Decline
构建了一个世界经济模型，说明制造业生产率提升是全球制造业衰退的根源，但跨国比较中生产率提升快的国家制造业未必衰退更快，提醒研究者避免用跨国数据检验封闭经济模型，需采用全球视角理解结构变迁。
This paper presents a simple model of the world economy, in which productivity gains in manufacturing are responsible for the global trend of manufacturing decline, and yet, in a cross-section of countries, faster productivity gains in manufacturing do not necessarily imply faster declines in manufacturing. In doing so, it aims to draw attention to the common pitfall of using the cross-country evidence to test a closed economy model, and argues for a global perspective; in order to understand cross-country patterns of structural change, one needs a world economy model in which the interdependence across countries is explicitly spelled out.