Implications of Growth in China for the U.S. and Other Countries
We investigate the effects of China's economic growth on various sectors in the United States and other countries and regions, using a multi-region Global Trade Analysis Project (GTAP) model. The results indicate that all countries and regions, except South Korea and South Asian countries, would benefit from China's rapid economic growth. The welfare gain varies significantly across the countries and regions. Hong Kong and Taiwan would benefit the most from mainland China's economic growth in terms of per capita welfare gains. U.S. bilateral trade balance with China would improve in the sectors of grain and other primary agricultural products, but it would deteriorate in the sectors of textiles and high-tech manufacturing products.
|Date of creation:||2007|
|Date of revision:|
|Contact details of provider:|| Web page: http://waeaonline.org/|
More information through EDIRC
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.:
- Dean A. DeRosa & John P. Gilbert, 2005. "Predicting Trade Expansion under FTAs and Multilateral Agreements," Working Paper Series WP05-13, Peterson Institute for International Economics.
- McKibbin, W.J. & Huang, Y., 1996. "Rapid Economic Growth in China: Implications for the World Economy," Papers 130, Brookings Institution - Working Papers.
- Hertel, Thomas & Arndt, Channing, 1997. "China in 2005: Implications for the Rest of the World," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 12, pages 505-547.
When requesting a correction, please mention this item's handle: RePEc:ags:waeapo:10257. 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: (AgEcon Search)
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.