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This paper examines the impact of the participation of Vietnam to WTO as well as of the abolition of restrictions on … caused by the participation of Vietnam to WTO as well as the abolition of restrictions on Chinese exports. Another striking … that the Cambodian economy has substantially been damaged by the participation of Vietnam to WTO as well as the abolition …
Persistent link: https://www.econbiz.de/10010627402
This paper is concerned with the interaction of regulated efficiency and World Trade Organization (WTO) accession and its impact on China’s motor vehicle sector. The analysis is conducted using a 23 sector–25 region computable general equilibrium model. Regulatory reform and internal...
Persistent link: https://www.econbiz.de/10011335219
Fragmentation of the global value chain makes it difficult to assess the effects of trade liberalization on the global pattern of production. Gross bilateral trade ows no longer reveal a country's or a sector's value added contribution. Yet, it is value added that matters for employment and...
Persistent link: https://www.econbiz.de/10011517926
In the 2000s, China's WTO entry constituted a major trade shock. In this paper, we analyze its eff ects on trade and value chains. The fragmentation of the global value chain makes it hard to disentangle who produces for whom. Value added trade contains this information. We build a multi-sector...
Persistent link: https://www.econbiz.de/10010485295
To what extent has trade liberalization contributed to global production fragmentation and the formation of production networks? We derive structural equations for value added trade flows, the domestic value added content of exports (DVA) and the value added exports to exports (VAX) ratio, as...
Persistent link: https://www.econbiz.de/10012902861
Persistent link: https://www.econbiz.de/10012439622
This paper analyzes the impact that terms of trade (TOT) are likely to have on the growth of the People's Republic of China's (PRC) neighboring countries. Two scenarios employing a dynamic computable general equilibrium framework are considered: (i) a convergence scenario, where historical...
Persistent link: https://www.econbiz.de/10011282129
This paper analyzes the impact that terms of trade (TOT) are likely to have on the growth of the People's Republic of China's (PRC) neighboring countries. Two scenarios employing a dynamic computable general equilibrium (CGE) framework are considered: (i) a convergence scenario, where historical...
Persistent link: https://www.econbiz.de/10013126049
This paper compares the degree of openness to trade of three developed countries markets-the European Union, Japan, the United States-with that of three middle-income countries, namely Brazil, India, and China. A theoretically consistent protection measure - the Mercantilistic Trade...
Persistent link: https://www.econbiz.de/10012764035
This article aims to gain a better understanding of the capacity of China to feed its growing population given its limited natural resources, and the impact of China's growing economy on rest of the world and vice versa. In order to reflect China's real food economy and reasonable assumptions,...
Persistent link: https://www.econbiz.de/10014091085