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New estimates on the trade effects of China's WTO accession [25.09.20]
New Discussion Paper by Professor Dr. Benjamin JungChina's accession to the World Trade Organization (WTO) in 2001 was a massive boostfor the multilateral trading system. In a recent paper, we present descriptive evidence on the trade effects of China’s WTO accession. Moreover, we combine the most recent approaches from the gravity literature of international trade to provide a causal analysis of the effects of China’s WTO accession on bilateral trade with other WTO members. We find that the trade effectis positive on average. Moreover, we document substantial heterogeneity in the trade effects across China’s trading partners. These findings seem to be consistent with China’sposition in global value chains.
The paper is available as Hohenheim Discussion Papers in Business, Economics and Social Sciences 10-2020.