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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23487 |
来源ID | Working Paper 23487 |
How Did China\u2019s WTO Entry Affect U.S. Prices? | |
Mary Amiti; Mi Dai; Robert C. Feenstra; John Romalis | |
发表日期 | 2017-06-12 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We analyze the effects of China’s rapid export expansion following WTO entry on U.S. prices, exploiting cross-industry variation in trade liberalization. Lower input tariffs boosted Chinese firms’ productivity, lowered costs, and, in conjunction with reduced U.S. tariff uncertainty, expanded export participation. We find that China’s WTO entry significantly reduced variety-adjusted U.S. manufacturing price indexes between 2000 and 2006. For the Chinese components of these indexes, one third of the beneficial impact comes from Chinese exporters lowering their prices, while two-thirds of the beneficial impact comes from the entry of new Chinese exporters. China’s WTO entry also led other countries exporting to the U.S. to lower their prices, which was partly offset by exit of these exporters. We find that this impact on competitor countries’ prices is primarily explained by the reduction in China’s own input tariffs, so that policy action becomes the largest source of welfare gain for the United States from China’s WTO entry. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w23487 |
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/581161 |
推荐引用方式 GB/T 7714 | Mary Amiti,Mi Dai,Robert C. Feenstra,et al. How Did China\u2019s WTO Entry Affect U.S. Prices?. 2017. |
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 | ||
w23487.pdf(665KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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