| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w6598 |
| 来源ID | Working Paper 6598 |
| The US-China Bilateral Trade Balance: Its Size and Determinants | |
| Robert C. Feenstra; Wen Hai; Wing T. Woo; Shunli Yao | |
| 发表日期 | 1998-06-01 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | 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 bilateral trade deficit than in previous studies, due to a new 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, compared to the official range of $8 billion to $30 billion, and $9 billion to $34 billion, respectively. The widening of the US-CHINA bilateral trade deficit in recent years reflected many factors. In our opinion, the two chief factors are (i) macroeconomic forces in the US and China moving in opposite direction, causing their respective overall trade balance to move in opposite directions; and (ii) the accelerated relocation of production of US imports from East Asia to China. |
| 主题 | International Economics ; Trade |
| URL | https://www.nber.org/papers/w6598 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/564109 |
| 推荐引用方式 GB/T 7714 | Robert C. Feenstra,Wen Hai,Wing T. Woo,et al. The US-China Bilateral Trade Balance: Its Size and Determinants. 1998. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w6598.pdf（1542KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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