Advanced Search
MyIDEAS: Login to save this article or follow this journal

The U.S. trade deficit: made in China?

Contents:

Author Info

  • Chad P. Bown
  • Meredith Crowley
  • Rachel McCulloch
  • Daisuke J. Nakima

Abstract

Rapid growth of the U.S. bilateral trade deficit with China has promoted a widespread view that the overall trade deficit is "made in China." The authors examine the probable consequences of increased protection directed toward U.S. imports from China. Their appraisal of recent and prospective U.S. trade policy focuses on textiles and apparel—sectors where the growth of imports from China has been prominent. They also consider the likely effects of yuan appreciation on the bilateral and overall trade deficits.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.chicagofed.org/digital_assets/publications/economic_perspectives/2005/ep_4qtr2005_part1_bown_crowley_mcculloch.pdf
Download Restriction: no

Bibliographic Info

Article provided by Federal Reserve Bank of Chicago in its journal Economic Perspectives.

Volume (Year): (2005)
Issue (Month): Q IV ()
Pages: 2-18

as in new window
Handle: RePEc:fip:fedhep:y:2005:i:qiv:p:2-18:n:v.29no.4

Contact details of provider:
Postal: P.O. Box 834, 230 South LaSalle Street, Chicago, Illinois 60690-0834
Phone: 312/322-5111
Fax: 312/322-5515
Email:
Web page: http://www.chicagofed.org/
More information through EDIRC

Order Information:
Email:
Web: http://www.chicagofed.org/webpages/publications/print_publication_order_form.cfm

Related research

Keywords: Balance of trade ; Balance of trade - China;

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Chad Bown, 2013. "How Different Are Safeguards from Antidumping? Evidence from US Trade Policies Toward Steel," Review of Industrial Organization, Springer, vol. 42(4), pages 449-481, June.
  2. Meredith A. Crowley, 2003. "An introduction to the WTO and GATT," Economic Perspectives, Federal Reserve Bank of Chicago, issue Q IV, pages 42-57.
  3. Rachel McCulloch, 1988. "United States-Japan Economic Relations," NBER Chapters, in: Trade Policy Issues and Empirical Analysis, pages 303-338 National Bureau of Economic Research, Inc.
  4. Maurizio Zanardi, 2004. "Anti-dumping: What are the Numbers to Discuss at Doha?," The World Economy, Wiley Blackwell, vol. 27(3), pages 403-433, 03.
  5. Patrick A. Messerlin, 2004. "China in the World Trade Organization: Antidumping and Safeguards," World Bank Economic Review, World Bank Group, vol. 18(1), pages 105-130.
  6. Eswar Prasad & Shang-Jin Wei, 2007. "The Chinese Approach to Capital Inflows: Patterns and Possible Explanations," NBER Chapters, in: Capital Controls and Capital Flows in Emerging Economies: Policies, Practices and Consequences, pages 421-480 National Bureau of Economic Research, Inc.
  7. Michael Kouparitsas, 2005. "Is the U.S. current account sustainable?," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue Jun.
  8. repec:spo:wpecon:info:hdl:2441/8335 is not listed on IDEAS
  9. Bruce A. Blonigen, 2006. "Evolving discretionary practices of U.S. antidumping activity," Canadian Journal of Economics, Canadian Economics Association, vol. 39(3), pages 874-900, August.
  10. John W. Schindler & Dustin H. Beckett, 2005. "Adjusting Chinese bilateral trade data: how big is China's trade surplus," International Finance Discussion Papers 831, Board of Governors of the Federal Reserve System (U.S.).
  11. Catherine L. Mann, 2005. "Breaking Up is Hard to Do: Global Co-Dependency, Collective Action, and the Challenges of Global Adjustment," CESifo Forum, Ifo Institute for Economic Research at the University of Munich, vol. 6(1), pages 16-23, 06.
  12. Patrick Messerlin, 2004. "China in the World Trade Organization: Antidumping and Safeguards," Sciences Po publications info:hdl:2441/8335, Sciences Po.
  13. Jim Levinsohn & Wendy Petropoulos, 2001. "Creative Destruction or Just Plain Destruction?: The U.S. Textile and Apparel Industries since 1972," NBER Working Papers 8348, National Bureau of Economic Research, Inc.
  14. Razin, Assaf & Svensson, Lars E. O., 1983. "Trade taxes and the current account," Economics Letters, Elsevier, vol. 13(1), pages 55-57.
  15. Shang-Jin Wei & Eswar Prasad, 2005. "The Chinese Approach to Capital Inflows," IMF Working Papers 05/79, International Monetary Fund.
  16. Thomas J. Prusa, 2001. "On the spread and impact of anti-dumping," Canadian Journal of Economics, Canadian Economics Association, vol. 34(3), pages 591-611, August.
  17. C. Fred Bergsten & Marcus Noland & Takatoshi Ito, 2001. "No More Bashing: Building a New Japan-United States Economic Relationship," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 105.
  18. Gary Clyde Hufbauer & Yee Wong, 2004. "China Bashing 2004," Policy Briefs PB04-05, Peterson Institute for International Economics.
  19. Gardner, Grant W. & Kimbrough, Kent P., 1989. "Tariffs, interest rates, and the trade balance in the world economy," Journal of International Economics, Elsevier, vol. 27(1-2), pages 91-110, August.
  20. Robert C. Feenstra, 1999. "Discrepancies in International Data: An Application to China-Hong Kong Entrepot Trade," American Economic Review, American Economic Association, vol. 89(2), pages 338-343, May.
Full references (including those not matched with items on IDEAS)

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as in new window

Cited by:
  1. Bollino, Carlo Andrea, 2007. "Oil prices and the U.S. trade deficit," Journal of Policy Modeling, Elsevier, vol. 29(5), pages 729-738.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:fip:fedhep:y:2005:i:qiv:p:2-18:n:v.29no.4. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bernie Flores).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.