China's growing role in world trade / edited by Robert C. Feenstra and Shang-jin Wei.

Format:

Book

Contributor:

Feenstra, Robert C.

Wei, Shang-Jin.

Series:

National Bureau of Economic Research conference report.

National Bureau of Economic Research conference report

Language:

English

Subjects (All):

International trade.

China--Commerce.

China.

Physical Description:

1 online resource (603 p.)

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, c2010.

Language Note:

English

Summary:

In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise-the loss of jobs, for example-others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

Contents:

Front matter

Relation of the Directors to the Work and Publications of the National Bureau of Economic Research

Contents

Introduction

1. The Anatomy of China's Export Growth

2. What Accounts for the Rising Sophistication of China's Exports?

3. China's Local Comparative Advantage

4. China and the Manufacturing Exports of Other Developing Countries

5. China's Exports and Employment

6. Exporting Deflation?

7. China's Current Account and Exchange Rate

8. China's WTO Entry

9. China's Experience under the Multi-Fiber Arrangement (MFA) and the Agreement on Textiles and Clothing (ATC)

10. Agricultural Trade Reform and Rural Prosperity

11. Trade Growth, Production Fragmentation, and China's Environment

12. Please Pass the Catch- Up

13. Facts and Fallacies about U.S. FDI in China

14. China's Outward Foreign Direct Investment

Contributors

Author Index

Subject Index

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9786612537271

9781282537279

128253727X

9780226239729

0226239721

OCLC:

593341827