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China's Gains from WTO Accession: Imports versus Exports

By Ting-Wei Lai, Raymond Riezman and Ping Wang

Abstract

We examine the gains from Chinese accession to the WTO. Using Arkolakis, Costinot, and Rodr\uedguez-Clare (2012) we provide a new quantitative welfare measure by dividing the manufacturing sector into import and export sub-sectors. We then evaluate how the increased openness caused by China\u2019s accession to the WTO effects the importing and exporting sectors. We find surprisingly, that the gains to the import sector are larger than the gains to the export sector. Moreover, the size and the dynamic pattern of such gains are different across sectors

Topics: F10, F13, ddc:330, gains from trade, import substitution, export promotion
Publisher: Munich: Center for Economic Studies and Ifo Institute (CESifo)
Year: 2015
OAI identifier: oai:econstor.eu:10419/128367
Provided by: EconStor

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