United States-China trade: where are the exports?
AbstractThis paper empirically examines US goods trade with China, focusing on the performance of exports. Throughout the analysis, we explore whether US trade is unusual by contrasting it with trade from Japan and the EU-15. The issue is examined from three perspectives: the commodity composition of exports, the role of multinational firms, and the estimation of a set of 'gravity equations' that explore the role of market size and distance from the United States. We find that the commodity composition of trade with China is not distorted, nor can the low level be related to an unusual role of US multinationals in China. Instead, distance does seem to exert a surprisingly large effect on trade. Finally, while exports to China may be a small share of US GDP, they are relatively substantial compared to US exports to other countries. In other words, the measure of US trade performance in China is distorted by the low level of its exports to all countries.
Download InfoIf 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.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Journal of Chinese Economic and Business Studies.
Volume (Year): 6 (2008)
Issue (Month): 1 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RCEA20
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Prema-chandra Athukorala & Archanun Kophaiboon, 2013. "Trade and Investment Patterns in Asia: Implications for Multilateralizing Regionalism," Departmental Working Papers 2013-16, The Australian National University, Arndt-Corden Department of Economics.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If references are entirely missing, you can add them using this form.