Keller, Wolfgang; Li, Ben; Shiue, Carol H. - National Bureau of Economic Research (NBER) - 2010
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...