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来源类型Working Paper
规范类型报告
DOI10.3386/w23487
来源IDWorking 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
URLhttps://www.nber.org/papers/w23487
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/581161
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Mary Amiti,Mi Dai,Robert C. Feenstra,et al. How Did China\u2019s WTO Entry Affect U.S. Prices?. 2017.
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