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来源类型Working Paper
规范类型报告
DOI10.3386/w17754
来源IDWorking Paper 17754
Shanghai's Trade, China's Growth: Continuity, Recovery, and Change since the Opium War
Wolfgang Keller; Ben Li; Carol H. Shiue
发表日期2012-01-12
出版年2012
语种英语
摘要In this paper, we provide aggregate trends in China's trade performance from the 1840s to the present. Based on historical benchmarks, we argue that China's recent gains are not exclusively due to the reforms since 1978. Rather, foreign economic activity can be understood by developments that were set in motion in the 19th century. We turn our focus to Shanghai, currently the world's largest port. Shanghai began direct trade relations with western nations starting in 1843. By 1853, Shanghai already accounted for more than half of China's foreign trade. In tracking the levels and growth rates of the city's net and gross imports and exports, foreign direct investment, and foreign residents over more than a century, we find that Shanghai's level of bilateral trade today with the United States, the United Kingdom, or Japan, for example, are by no means high given Shanghai's 19th century experience. This paper argues that a regional approach that embeds national trading destinations within an international trading system provides a meaningful approach to understanding the history of China's trade.
主题International Economics ; Trade ; International Factor Mobility ; History ; Other History ; Development and Growth ; Growth and Productivity
URLhttps://www.nber.org/papers/w17754
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/575428
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Wolfgang Keller,Ben Li,Carol H. Shiue. Shanghai's Trade, China's Growth: Continuity, Recovery, and Change since the Opium War. 2012.
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