Despite widespread interest in China's growing trade surplus and its impact on other countries, empirical research in these issues is handicapped by the lack of reliable statistics on aggregate import and export prices. Although researchers estimate the trade volumes of China and other East Asian countries using a variety of surrogate price indices, an inappropriate deflator can give rise to a significant bias in econometric analysis. This paper discusses the potential seriousness of this problem by examining recent studies on the export competition between China and other Asian countries.
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Paper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number
131.
Length: Date of creation: Dec 2007 Date of revision: Publication status: Published in IDE Discussion Paper. No. 131. 2007.12 Handle: RePEc:jet:dpaper:dpaper131
Find related papers by JEL classification: F14 - International Economics - - Trade - - - Country and Industry Studies of Trade F31 - International Economics - - International Finance - - - Foreign Exchange
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