Taking another look at policy research on China’s accession to the World Trade Organization
Recent work on China’s accession to the World Trade Organizations pays little attention to the wave of reforms in China in the 1980s and 1990s. These reforms created the preconditions for accession and strongly influenced its outcomes. The preeminence of processing trade at the time of accession sha...
| Autores principales: | , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
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World Bank
2019
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| Acceso en línea: | https://hdl.handle.net/10568/145836 |
| _version_ | 1855524410055720960 |
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| author | Ianchovichina, Elena Martin, Will |
| author_browse | Ianchovichina, Elena Martin, Will |
| author_facet | Ianchovichina, Elena Martin, Will |
| author_sort | Ianchovichina, Elena |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | Recent work on China’s accession to the World Trade Organizations pays little attention to the wave of reforms in China in the 1980s and 1990s. These reforms created the preconditions for accession and strongly influenced its outcomes. The preeminence of processing trade at the time of accession sharply reduced the impact of accession-related tariff reductions on exports and set the stage for China’s increases in domestic value added and reduction in China’s involvement in global production sharing since that time. The assessment in this paper, based on export data and simulation results on the ex ante accession-related effects on export volumes in the literature, finds that the accession must have increased China’s real export growth by at most is substantial, but not as large as suggested by the difference between the pre- and post-accession export growth rates in the four years before and after accession. This is because the influence of cyclical fluctuations related to the Asian financial crisis and the U.S. dot-com crash dampened export growth in the period before accession in 2001 and accelerated it afterward. |
| format | Artículo preliminar |
| id | CGSpace145836 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2019 |
| publishDateRange | 2019 |
| publishDateSort | 2019 |
| publisher | World Bank |
| publisherStr | World Bank |
| record_format | dspace |
| spelling | CGSpace1458362024-10-25T07:57:28Z Taking another look at policy research on China’s accession to the World Trade Organization Ianchovichina, Elena Martin, Will exports trade policies wto trade tariffs Recent work on China’s accession to the World Trade Organizations pays little attention to the wave of reforms in China in the 1980s and 1990s. These reforms created the preconditions for accession and strongly influenced its outcomes. The preeminence of processing trade at the time of accession sharply reduced the impact of accession-related tariff reductions on exports and set the stage for China’s increases in domestic value added and reduction in China’s involvement in global production sharing since that time. The assessment in this paper, based on export data and simulation results on the ex ante accession-related effects on export volumes in the literature, finds that the accession must have increased China’s real export growth by at most is substantial, but not as large as suggested by the difference between the pre- and post-accession export growth rates in the four years before and after accession. This is because the influence of cyclical fluctuations related to the Asian financial crisis and the U.S. dot-com crash dampened export growth in the period before accession in 2001 and accelerated it afterward. 2019-07-26 2024-06-21T09:05:09Z 2024-06-21T09:05:09Z Working Paper https://hdl.handle.net/10568/145836 en Open Access World Bank Ianchovichina, Elena; Martin, Will. 2019. Taking another look at policy research on China’s accession to the World Trade Organization. Policy Research Working Paper 8932. Washington, DC: World Bank. http://hdl.handle.net/10986/32032 |
| spellingShingle | exports trade policies wto trade tariffs Ianchovichina, Elena Martin, Will Taking another look at policy research on China’s accession to the World Trade Organization |
| title | Taking another look at policy research on China’s accession to the World Trade Organization |
| title_full | Taking another look at policy research on China’s accession to the World Trade Organization |
| title_fullStr | Taking another look at policy research on China’s accession to the World Trade Organization |
| title_full_unstemmed | Taking another look at policy research on China’s accession to the World Trade Organization |
| title_short | Taking another look at policy research on China’s accession to the World Trade Organization |
| title_sort | taking another look at policy research on china s accession to the world trade organization |
| topic | exports trade policies wto trade tariffs |
| url | https://hdl.handle.net/10568/145836 |
| work_keys_str_mv | AT ianchovichinaelena takinganotherlookatpolicyresearchonchinasaccessiontotheworldtradeorganization AT martinwill takinganotherlookatpolicyresearchonchinasaccessiontotheworldtradeorganization |