IDEAS home Printed from https://ideas.repec.org/p/rsc/rsceui/2017-13.html
   My bibliography  Save this paper

Free Markets, State Involvement, and the WTO: Chinese State Owned Enterprises (SOEs) in the Ring

Author

Listed:
  • Petros C. Mavroidis
  • Merit E. Janow

Abstract

The WTO has struggled with the treatment of nonmarket economies (NMEs). What was a nonissue in the original GATT (because of the homogeneity of participants) became quite an issue with the accession of formally centrally planned economies, which were not transformed to market economies, at least not in the eyes of the incumbents. Contracting this issue has proved to be so far always wanting, and leaving it to adjudicators has not produced good results either. With respect to Chinese SOEs this risks continuing to be an issue, since the contractually agreed deadline (2016) after which China should not be treated as NME anymore, risks proving to be full of holes and loopholes.

Suggested Citation

  • Petros C. Mavroidis & Merit E. Janow, 2017. "Free Markets, State Involvement, and the WTO: Chinese State Owned Enterprises (SOEs) in the Ring," RSCAS Working Papers 2017/13, European University Institute.
    • Handle: RePEc:rsc:rsceui:2017/13
    as

    Download full text from publisher

    File URL: http://cadmus.eui.eu/bitstream/handle/1814/45585/RSCAS_2017_13.pdf?sequence=1&isAllowed=y
    Download Restriction: no
    File URL: http://hdl.handle.net/1814/45585
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Anonymous, 1953. "Economic Planning for the Peace. By E. F. Penrose. (Princeton: Princeton University Press. 1953. Pp. xiv, 384. $7.50.)," American Political Science Review, Cambridge University Press, vol. 47(3), pages 912-912, September.
    2. Prusa, Thomas J., 2017. "NMEs and the Double Remedy Problem," World Trade Review, Cambridge University Press, vol. 16(4), pages 619-634, October.
    3. Lin, Li-Wen, 2017. "A Network Anatomy of Chinese State-Owned Enterprises," World Trade Review, Cambridge University Press, vol. 16(4), pages 583-600, October.
    4. Levy, Philip I., 2017. "The Treatment of Chinese SOEs in China's WTO Protocol of Accession," World Trade Review, Cambridge University Press, vol. 16(4), pages 635-653, October.
    5. Raj Bhala, 2017. "TPP, American National Security, and Chinese SOEs," RSCAS Working Papers 2017/03, European University Institute.
    6. repec:cup:cbooks:9780521515610 is not listed on IDEAS
    7. Andrea Mastromatteo, 2017. "WTO and SOEs: Overview of Article XVII and related provisions of the GATT 1994," RSCAS Working Papers 2017/08, European University Institute.
    8. Wolfe, Robert, 2017. "Sunshine over Shanghai: Can the WTO Illuminate the Murky World of Chinese SOEs?," World Trade Review, Cambridge University Press, vol. 16(4), pages 713-732, October.
    9. Bhala, Raj, 2017. "TPP, American National Security and Chinese SOEs," World Trade Review, Cambridge University Press, vol. 16(4), pages 655-671, October.
    10. Mastromatteo, Andrea, 2017. "WTO and SOEs: Article XVII and Related Provisions of the GATT 1994," World Trade Review, Cambridge University Press, vol. 16(4), pages 601-618, October.
    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


    Cited by:

    1. Kevin Lefebvre & Nadia Rocha & Michele Ruta, 2023. "Containing Chinese state-owned enterprises? The role of deep trade agreements," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 159(4), pages 887-920, November.
    2. Sharadendu Sharma & Yadnesh P. Mundhada & Rahul Arora, 2023. "Which Combination of Trade Provisions Promotes Trade in Value‐Added? An Application of Machine Learning to Cross‐Country Data," Economic Papers, The Economic Society of Australia, vol. 42(4), pages 332-346, December.
    3. Ming Chen & Jiao Wu, 2023. "State ownership may not be bad: Based on bibliometric research (2002–2021)," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 44(2), pages 1285-1304, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kevin Lefebvre & Nadia Rocha & Michele Ruta, 2023. "Containing Chinese state-owned enterprises? The role of deep trade agreements," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 159(4), pages 887-920, November.
    2. Jing Li & Daniel Shapiro & Anastasia Ufimtseva, 2024. "Regulating inbound foreign direct investment in a world of hegemonic rivalry: the evolution and diffusion of US policy," Journal of International Business Policy, Palgrave Macmillan, vol. 7(2), pages 147-165, June.
    3. Bernard Hoekman & Douglas Nelson, 2020. "Rethinking international subsidy rules," The World Economy, Wiley Blackwell, vol. 43(12), pages 3104-3132, December.
    4. Bernard Hoekman & Douglas Nelson, 2020. "Subsidies, Spillovers and Multilateral Cooperation," RSCAS Working Papers 2020/12, European University Institute.
    5. Glyn, Andrew & Hughes, Alan & Lipietz, Alan & Sigh, Ajit, "undated". "The Rise and Fall of the Golden Age," WIDER Working Papers 295573, United Nations University, World Institute for Development Economic Research (UNU-WIDER).
    6. Robert Wolfe, 2021. "Yours is bigger than mine! Could an index like the Producer Subsidy Equivalent help in understanding the comparative incidence of industrial subsidies?," The World Economy, Wiley Blackwell, vol. 44(2), pages 328-345, February.
    7. repec:osf:osfxxx:2twmp_v1 is not listed on IDEAS
    8. Zhang, M. & Yang, X.N., 2021. "Administrative framework barriers to energy storage development in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 148(C).
    9. James N. Miller, 2001. "Origins of the GATT: British Resistance to American Multilateralism," Macroeconomics 0012005, University Library of Munich, Germany.
    10. Robert Wolfe, 2020. "Yours is Bigger than Mine! Could an Index like the PSE Help in Understanding the Comparative Incidence of Industrial Subsidies?," RSCAS Working Papers 2020/52, European University Institute.
    11. Bernard Hoekman & Robert Wolfe, 2021. "Reforming the World Trade Organization: Practitioner Perspectives from China, the EU, and the US," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 29(4), pages 1-34, July.
    12. Robert Wolfe, 2021. "Informal Learning and WTO Renewal: Using Thematic Sessions to Create More Opportunities for Dialogue," Global Policy, London School of Economics and Political Science, vol. 12(S3), pages 30-40, April.
    13. Hongyang Zhao & Dongmei Wang & Zhihong Zhang & Xiangrong Hao, 2024. "Does the Classified Reform of Chinese State-Owned Enterprises Alleviate Environmental, Social and Governance Decoupling?," Sustainability, MDPI, vol. 16(23), pages 1-29, December.
    14. Huynh, Pham Duy Anh, 2023. "Non-market economy status in anti-dumping investigations and proceedings: A case study of Vietnam," OSF Preprints esw4b, Center for Open Science.
    15. Kyle Bagwell & Robert W. Staiger, 2016. "The Design of Trade Agreements," NBER Working Papers 22087, National Bureau of Economic Research, Inc.
    16. Huynh, Pham Duy Anh, 2022. "Non-Market Economy Status In Anti-Dumping Investigations And Proceedings: A Case Study Of Vietnam," OSF Preprints 2twmp, Center for Open Science.
    17. Max Zhang & Xiaonan Yang, 2022. "The Regulatory Perspectives to China’s Emerging Hydrogen Economy: Characteristics, Challenges, and Solutions," Sustainability, MDPI, vol. 14(15), pages 1-20, August.
    18. Robert Wolfe, 2020. "Informal Learning and WTO Renewal. Using Thematic Sessions to Create More Opportunities for Dialogue," RSCAS Working Papers 2020/51, European University Institute.
    19. Jan Kregel, 2021. "Another Bretton Woods Reform Moment: Let Us Look Seriously at the Clearing Union," Economics Public Policy Brief Archive ppb_154, Levy Economics Institute.

    More about this item

    Keywords

    NME (nonmarket economy); SOE (state-owned enterprise); WTO;
    All these keywords.

    JEL classification:

    • K40 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - General
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rsc:rsceui:2017/13. See general information about how to correct material in RePEc.

    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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: RSCAS web unit (email available below). General contact details of provider: https://edirc.repec.org/data/rsiueit.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.