The Efectiveness of China's Foreign Trade Liberalization

• Authors: Andrzej Cieślik , Tenzin Tseyang

Abstracts

EN

This paper studies the ex-post trade efects of China's multilateral, regional and bilateral trade liberalization using augmented gravity and panel data estimation methods for the period 1995-2016. China's accession to the WTO was revealed to have had a significant impact on the volume of trade as well as on bilateral exports and imports. Regional trade agreements and the majority of bilateral trade agreements were found not to be efective in increasing China's foreign trade. Only the agreements with Chile, Costa Rica and Switzerland were efective in increasing China's trade volume. Moreover, the results for Chile were driven by increases in both exports and imports, while for Costa Rica and Switzerland only by increased imports from these countries.

Keywords

EN

China; trade liberalization; incomplete specialization; gravity model; WTO

• Publisher: Wydział Geografii i Studiów Regionalnych Uniwersytetu Warszawskiego
• Journal: Miscellanea Geographica. Regional Studies on Development
• Year: 2021
• Volume: 25
• Issue: 4

Dates

published

2021

Contributors

author

Andrzej Cieślik

• Faculty of Economic Sciences, University of Warsaw, Warsaw, Poland

• https://orcid.org/0000000278347384

author

Tenzin Tseyang

• Faculty of Economic Sciences, University of Warsaw, Warsaw, Poland

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Identifiers

DOI

10.2478/mgrsd-2020-0064

Biblioteka Nauki

1955006