<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>This paper studies the ex-post trade effects 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 effective in increasing China's foreign trade. Only the agreements with Chile, Costa Rica and Switzerland were effective 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.</p>
</abstract>

This paper studies the ex-post trade effects 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 effective in increasing China's foreign trade. Only the agreements with Chile, Costa Rica and Switzerland were effective 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.

<bold>The Effectiveness</bold> of China's Foreign Trade Liberalization

Miscellanea Geographica

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

{"article-title":{"bold":"The Effectiveness","content":"of China's Foreign Trade Liberalization"}}

This paper studies the ex-post trade effects of China's multilateral, regional and bilateral trade liberalization using augmented gravity and panel data...

The Effectiveness of China's Foreign Trade Liberalization

Data publikacji: 18 wrz 2021

Zakres stron: 238 - 245

Otrzymano: 25 sty 2020

Przyjęty: 11 maj 2021

DOI: https://doi.org/10.2478/mgrsd-2020-0064

Słowa kluczowe
China, trade liberalization, incomplete specialization, gravity model, WTO

© 2021 Andrzej Cieślik et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

The Effectiveness of China's Foreign Trade Liberalization

Data publikacji: 18 wrz 2021

Zakres stron: 238 - 245

Otrzymano: 25 sty 2020

Przyjęty: 11 maj 2021

DOI: https://doi.org/10.2478/mgrsd-2020-0064

Słowa kluczoweChina, trade liberalization, incomplete specialization, gravity model, WTO

© 2021 Andrzej Cieślik et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.

Słowa kluczowe
China, trade liberalization, incomplete specialization, gravity model, WTO