Browsing by Subject "Structual gravity"

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The heterogeneous effects of China’s accession to the world trade organization
(2020) Jung, Benjamin
China’s accession to the World Trade Organization (WTO) in 2001 was a massive boostfor the multilateral trading system. We present descriptive evidence on the trade effects of China’s WTO accession. Moreover, we combine the most recent approaches from the gravity literature of international trade to provide a causal analysis of the effects of China’s WTO accession on bilateral trade with other WTO members. We find that the trade effectis positive on average. Moreover, we document substantial heterogeneity in the trade ef-fects across China’s trading partners. These findings seem to be consistent with China’sposition in global value chains.