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Crouching Tiger, Hidden Dragon

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  • International Monetary Fund

Abstract

One of the most significant recent developments in world trade has been the entry of China into the World Trade Organization (WTO). This paper examines the implications of China''s WTO accession for India''s trade, using both econometrics and computable general equilibrium (CGE) models. The paper analyzes how India stands to lose or gain from China''s WTO entry in terms of both the direct and competitive channels.

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Bibliographic Info

Paper provided by International Monetary Fund in its series IMF Working Papers with number 05/101.

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Length: 32
Date of creation: 01 May 2005
Date of revision:
Handle: RePEc:imf:imfwpa:05/101

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Keywords: Trade; comparative advantage; global trade diversion; terms of international world industry global trade analysis; trading partners; economic welfare; world markets; quantitative restrictions; world trade organization; trade liberalization; trade theory; trade structure; tariff rates; commercial services; import quantities; trade patterns; tariff changes; nontariff barriers; domestic market; trade restrictions; export markets; rates of protection; export shares; export growth; duty drawbacks; equilibrium model; importing country; bilateral trade barriers; patterns of domestic reforms; comparative advantage in textiles; financial services; trade reforms; trade volume; trade pattern; domestic prices; intellectual property; trade losses; agricultural commodities; world prices; trade growth; trade effect; tariff liberalization; trade expansion; importing countries; protection data; most-favored-nation; tariff rate; service exports; export performance; product differentiation; export quotas; competitive effects; international trade policy; free trade regime; discriminatory provisions; foreign investment; trade creation; market access; trade deficit; trade rules; domestic economy; intermediate products; trade area; direct investment; import tariffs; perfect competition; increased trading partner; measure of business services; tradable goods; transport equipment; foreign markets; intermediate goods; zero tariff; trade gains; pattern of specialization; services sector; multilateral negotiations; agricultural export supply; intermediate inputs; future trade liberalization; trade flows; free trade area; tariff data; metal products; trade model;

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References

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  1. Aziz Elbehri & Thomas Hertel & Will Martin, 2003. "Estimating the Impact of WTO and Domestic Reforms on the Indian Cotton and Textile Sectors: a General-Equilibrium Approach," Review of Development Economics, Wiley Blackwell, vol. 7(3), pages 343-359, 08.
  2. Huang, Jikun & Rozelle, Scott & Zhang, Linxiu, 2001. "WTO and agriculture: radical reforms or the continuation of gradual transition," China Economic Review, Elsevier, vol. 11(4), pages 397-401.
  3. Ianchovichina, Elena & Walmsley, Terrie, 2003. "The impact of China's WTO accession on East Asia," Policy Research Working Paper Series 3109, The World Bank.
  4. Shafaeddin, S. M., 2004. "Is China's accession to WTO threatening exports of developing countries?," China Economic Review, Elsevier, vol. 15(2), pages 109-144, January.
  5. Cerra, Valerie & Saxena, Sweta Chaman, 2003. "How responsive is Chinese export supply to market signals?," China Economic Review, Elsevier, vol. 14(3), pages 350-370.
  6. Nicolas R. Blancher & Thomas Rumbaugh, 2004. "China," IMF Working Papers 04/36, International Monetary Fund.
  7. Barry Eichengreen & Yeongseop Rhee & Hui Tong, 2004. "The Impact of China on the Exports of Other Asian Countries," NBER Working Papers 10768, National Bureau of Economic Research, Inc.
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Citations

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Cited by:
  1. Yaya Sissoko & David Yerger, 2010. "West Africa’s Evolving Competitive Exposure in U.S. Import Markets," International Advances in Economic Research, Springer, vol. 16(1), pages 11-23, February.
  2. Sweta C. Saxena, 2005. "Can South Asia Adopt a Common Currency?," International Finance 0508001, EconWPA.
  3. Sonali Jain-Chandra & A. Prasad, 2005. "The Impacton India of Trade Liberalization in the Textiles and Clothing Sector," IMF Working Papers 05/214, International Monetary Fund.
  4. Resmini, Laura, 2006. "Theoretical and Methodological Study on Comparative Advantages in Dynamic Growth Regions, Convergence and Inequalities Patterns," Papers DYNREG03, Economic and Social Research Institute (ESRI).

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