Import tariffs have fallen steeply worldwide over the last several decades, but has trade policy persisted through a rise in the use of other instruments? I study this question in the context of China’s 2001 accession to the World Trade Organization, using panel data on Chinese export policies. I find that after its entry into WTO, the distribution of China’s export restrictions across industries increasingly resembles the inverse of its pre-WTO import tariff schedule. The evidence suggests that increases in export restrictions are likely to have partly restored China’s pre-WTO pattern of industrial protection.
Monday, December 5, 2016
Garred: The Persistence of Trade Policy in China after WTO Accession
Jason Garred (Univ. of Ottawa - Economics) has posted The Persistence of Trade Policy in China after WTO Accession. Here's the abstract: