WTO accession and tariff evasion

Wto Accession at Any Cost

The World Trade Organization’s (WTO) goal of liberalizing multilateral trade does not exist in a vacuum; that is to say, liberalizing trade is not an end in itself. The preamble to the Agreement Establishing the World Trade Organization (“Marrakesh Agreement”), explicitly states that “[t]he Parties to this Agreement, recognizing that their relations in the field of trade and economic [endeavor]...

Wto Accession and Financial Reform in China

Top Chinese leaders regard the WTO accession as the second most important change in China’s economic policy regime, following Deng Xiaoping’s reform and opening-door policy in the late 1970s. This change will have undoubtedly profound impacts on the future course of China’s economic development. There are many discussions among academic and policy circles in China regarding the possible impacts...

China’s Wto Accession and Sustainable Development

Wto Accession and Performance of Chinese Manufacturing Firms

WTO Accession and Performance of Chinese Manufacturing Firms* China’s policy-makers argued that WTO accession and the accompanying trade liberalization would have a beneficial impact on the domestic economy. China’s import tariffs differed tremendously across industry in the earlier years, but converged to an almost uniform low level after WTO entry. We exploit sectoral variation in the extent ...

Trade Policy Uncertainty and Exports: Evidence from China’s WTO Accession

To understand the effects of trade policy uncertainty on firm-level export decisions, we study firm-product data on Chinese exports to the U.S. in the years surrounding China’s 2001 WTO accession. Following predictions based on a model of heterogeneous firms, we provide empirical evidence that product-level tariff uncertainty reduction spurred a notable reallocation of export activities across ...