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Comparing Alternative China and US Arrangements with CPTPP

Li, Chunding - 2020

This paper builds a 29-country numerical general equilibrium model with inside money and trade cost to simulate and compare the effects of China and the US taking part in the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), which is a high standard mega regional trade agreement....

Persistent link: https://www.econbiz.de/10012482057

Trade Protectionism and US Manufacturing Employment

Li, Chunding - 2019

This paper uses a numerical global general equilibrium model to simulate the possible effects of US initiated trade protection measures on US manufacturing employment. The simulation results show that US trade protection measures do not increase but will instead reduce manufacturing employment,...

Persistent link: https://www.econbiz.de/10012479809

General Equilibrium Trade Modelling with Canada-US Transportation Costs

He, Chuantian - 2017

Transportation costs are an important topic in international trade, but seldom have researches paid attention to general equilibrium trade modelling with transportation costs and explored their relevant effects. This paper uses different numerical general equilibrium trade model structures to...

Persistent link: https://www.econbiz.de/10012455181

Global Service Efficiency and the Role of Special and Differential Based Negotiation

Yao, Daqing - 2016

This paper argues that the pursuit of special and differential treatments (SDT) by developing countries has hampered the liberalization of global service trade, which is one of the causes of the only slowing improving of service efficiency globally. We use value added per worker as a proxy of...

Persistent link: https://www.econbiz.de/10012456314

The 2008 Financial Crisis and the Lack of Retaliatory Trade Intervention

Li, Chunding - 2016

The 2008 financial crisis did not precipitate global retaliatory trade intervention, in seeming contrast to the Great Depression in 1930s. This paper discusses the influence of model structure in optimal tariff (OT) calculations in explaining this puzzle. We emphasize how earlier literature...

Persistent link: https://www.econbiz.de/10012456819

Economic Cycles in Ancient China

Zhang, Yaguang - 2015

We discuss business cycles in ancient China. Data on Ancient China business cycles are sparse and incomplete and so our discussion is qualitative rather than quantitative. Essentially, ancient debates focused on two types of cycles: long run political or dynastic cycles of many decades, and...

Persistent link: https://www.econbiz.de/10012456997

Measuring Changes in the Bilateral Technology Gaps between China, India and the U.S. 1979 - 2008

Shen, Keting - 2015

Popular literature suggests a rapid narrowing of the technology gap between China and the U.S. based on large percentage increases in Chinese patent applications, and equally large increases in college registrants and completed PhDs (especially in sciences) in China in recent years. Little...

Persistent link: https://www.econbiz.de/10012457012

The Armington Assumption and the Size of Optimal Tariffs

Li, Chunding - 2015

There has been commentary on the seeming success of the world trading system responding to the large shock of the 2008 financial crisis without an outbreak of retaliatory market closing. The threat of large retaliatory tariffs and fears of a 1930s style downturn in trade have been associated...

Persistent link: https://www.econbiz.de/10012457245

Assessing the Effects of the MFA/ATC from US and World Trade Data after Its Removal

Yao, Daqing - 2015

In this paper we assess the effects of the MFA/ATC using both world trade and US data after its removal. Previous literature assesses its effects while in operation. The trade data we analyze are consistent with theoretical predictions of more trade volumes, lower product prices, smaller effect...

Persistent link: https://www.econbiz.de/10012457368

The China (Shanghai) Pilot Free Trade Zone : Background, Developments and Preliminary Assessment of Initial Impacts

Yao, Daqing - 2015

The China (Shanghai) Pilot Free Trade Zone (SPFTZ) founded one year ago is a trial for China's new round of reform and opening out, which has promised liberalization on capital account and trade facilitation as its main objectives. Here we discuss the differences between the SPFTZ and other free...

Persistent link: https://www.econbiz.de/10012457742