Feenstra, Robert C.; Hai, Wen; Woo, Wing Thye; Yao, Shunli - 2021
This paper has two aims. The first is to reduce the range within which the true U.S.-China bilateral trade deficit lies … estimation method that takes advantage of our access to detailed Chinese Customs data at the commodity level. For example, the … revised US-China bilateral trade deficit is $15 billion to $20 billion in 1994, and $16 billion to $22 billion in 1995 …