G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11040
DP11040 Foreigners Knocking on the Door: Trade in China During the Treaty Port Era
Wolfgang Keller; Carol Shiue; Javier Andres Santiago
发表日期2016-01-17
出版年2016
语种英语
摘要Uneven development within countries suggests that domestic trade frictions are important. Trade flows within a country, however, are rarely observed. We employ a new dataset on trade between fifteen Chinese treaty ports to examine the importance of domestic frictions around the year 1900. The distribution of welfare effects depends on each port's productivity and factor costs, China's economic geography as it influences trade costs, as well as the degree of regional diversity in production, which increases the potential gains from trade. We utilize this framework to quantify the size and distribution of welfare effects resulting from new technology and lower trade costs. Domestic trade frictions turn out to be substantial, far from the frictionless world that is commonly assumed. Moreover, geographic barriers loom large in shaping the welfare gains from technology improvements and trade cost reductions. We find, however, that an important explanation for why there was a limit to what could be gained through increased domestic trade was that the differences in productivity across regions ofChina in the 19th century were relatively low.
主题Economic History ; International Trade and Regional Economics
关键词19th century china Domestic trade Economic integration Welfare gains
URLhttps://cepr.org/publications/dp11040
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/539869
推荐引用方式
GB/T 7714
Wolfgang Keller,Carol Shiue,Javier Andres Santiago. DP11040 Foreigners Knocking on the Door: Trade in China During the Treaty Port Era. 2016.
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