Woo, Wing Thye; Feenstra, Robert; Hai, Wen; Yao, Shunli - Economics Department, University of California-Davis - 2003
This paper has two aims. The first is to reduce the range within which the true U.S.-China bilateral trade deficit lies. The second is to identify the determinants of the bilateral trade deficit, and offer an assessment of their relative importance. We calculate a smaller range of values for the...