TY - JOUR
T1 - Economic benefits of globalization
T2 - The impact of entry to the WTO on China's growth
AU - Ching, H. Steve
AU - Hsiao, Cheng
AU - Wan, Shui Ki
AU - Wang, Tongsan
N1 - Copyright:
Copyright 2011 Elsevier B.V., All rights reserved.
PY - 2011/8
Y1 - 2011/8
N2 - A panel data method is used to evaluate the impact of China's accession to the WTO. Time-series data for China, Australia, Austria, Canada, Denmark, Finland, France, Germany, the UK, Hong Kong, Singapore, Korea, Japan, the Philippines, Indonesia, Malaysia, Thailand, the USA and Taiwan are used to construct the growth path that what would have been followed had there been no entry by China to the WTO. We find that from 2002 to 2007, accession to the WTO raised China's real economic growth rate by 2.4%, its export growth rate by 13.2% and its import growth rate by 18.89% a year.
AB - A panel data method is used to evaluate the impact of China's accession to the WTO. Time-series data for China, Australia, Austria, Canada, Denmark, Finland, France, Germany, the UK, Hong Kong, Singapore, Korea, Japan, the Philippines, Indonesia, Malaysia, Thailand, the USA and Taiwan are used to construct the growth path that what would have been followed had there been no entry by China to the WTO. We find that from 2002 to 2007, accession to the WTO raised China's real economic growth rate by 2.4%, its export growth rate by 13.2% and its import growth rate by 18.89% a year.
UR - http://www.scopus.com/inward/record.url?scp=79961141844&partnerID=8YFLogxK
U2 - 10.1111/j.1468-0106.2011.00548.x
DO - 10.1111/j.1468-0106.2011.00548.x
M3 - Journal article
AN - SCOPUS:79961141844
SN - 1361-374X
VL - 16
SP - 285
EP - 301
JO - Pacific Economic Review
JF - Pacific Economic Review
IS - 3
ER -
