Economic benefits of globalization: The impact of entry to the WTO on China's growth

H. Steve Ching, Cheng Hsiao, Shui Ki WAN*, Tongsan Wang

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

10 Citations (Scopus)

Abstract

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.

Original languageEnglish
Pages (from-to)285-301
Number of pages17
JournalPacific Economic Review
Volume16
Issue number3
DOIs
Publication statusPublished - Aug 2011

Scopus Subject Areas

  • Economics and Econometrics

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