product varieties available in an economy. Section 3 of the paper examines the extent to which free trade achieves these … correcting distortions in the domestic economy. Sections 4 and 5 discuss the roles of both commercial and industrial policy, and …

We estimate the effect on economic development of China's industrial policy, in particular, the establishment of …

This paper studies the trade of China in the past 150 years, starting from the first opening of China after the Opium … War. The main purpose of the paper is to identify what is (and was) China’s ‘normal’ level of foreign trade, and how these … levels changed under different trade regimes, from 1840 to the present. We present new evidence on China’s foreign trade …

This paper evaluates the global welfare impact of China's trade integration and technological change in a multi …-country quantitative Ricardian-Heckscher-Ohlin model. We simulate two alternative growth scenarios: a "balanced" one in which China …'s productivity grows at the same rate in each sector, and an "unbalanced" one in which China's comparative disadvantage sectors catch …

, starting with China. Rather, the issue should be on how to design and govern sectoral policies in order to make them more …