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 journalJournal articlepeer-review

    15 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

    Fingerprint

    Dive into the research topics of 'Economic benefits of globalization: The impact of entry to the WTO on China's growth'. Together they form a unique fingerprint.

    Cite this