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This paper explores the potential impacts on both China and other major countries of possible mega trade deals. These …-participation countries will lose. If non-tariff barriers are reduced more, the impacts will be larger. All effects to China on welfare, trade …, export and import are positive. Comparatively China-TPP and RCEP will yield the highest welfare outcomes for the US in our …
Persistent link: https://www.econbiz.de/10013048108
declines the most experience more severe employment losses along with larger increases in the value of imports from China and … the number of firms engaged in China-U.S. trade. These results are robust to other potential explanations of the …
Persistent link: https://www.econbiz.de/10013096017
another. For countries in Asia there is negotiation of a China-Japan-Korea agreement, a China-India agreement, a Trans …
Persistent link: https://www.econbiz.de/10013048052
from China fell by 38% in 2005, while prices in unconstrained categories from China and from other countries changed little …. We also find substantial quality downgrading in imports from China in previously constrained categories, as predicted by …
Persistent link: https://www.econbiz.de/10012760619
from China fell by 38% in 2005, while prices in unconstrained categories from China and from other countries changed little …. We also find substantial quality downgrading in imports from China in previously constrained categories, as predicted by …
Persistent link: https://www.econbiz.de/10012759495
Tariffs on agricultural products fell sharply in China both prior to, and as a consequence of, China's accession to the … WTO. The paper examines the nature of agricultural trade reform in China since 1981, and finds that protection was quite …
Persistent link: https://www.econbiz.de/10012750221
This paper reviews the recent theoretical literature on heterogeneous firms and trade, which emphasizes firm selection into international markets and reallocations of resources across firms. We discuss the empirical challenges that motivated this research and its relationship to traditional...
Persistent link: https://www.econbiz.de/10013135411
Three sources of gains from trade under monopolistic competition are: (i) new import varieties available to consumers; (ii) enhanced efficiency as more productive firms begin exporting and less productive firms exit; (iii) reduced markups charged by firms due to import competition. The first...
Persistent link: https://www.econbiz.de/10013149703
This paper develops a methodology for predicting the impact of trade liberalization on exports by industry (3-digit ISIC) based on the pre-liberalization distribution of exports by product (5-digit SITC). Using the results of Kehoe and Ruhl (2013) that much of the growth in trade after trade...
Persistent link: https://www.econbiz.de/10013071910
This paper argues that labor market distortions in transition and developing economies help explain differential impacts of trade liberalization. We assume that workers differ in ability. In a market economy their earnings depend on their ability. However, earnings are independent of ability due...
Persistent link: https://www.econbiz.de/10013249346