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Do National Standards Impact Foreign Trade? Evidence from China¡¯s Foreign Trade and Sino-US Bilateral Trade

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  • Lijuan Yang

    (School of Economics, Fudan University, Shanghai 200433, China; School of Economics, Lanzhou University, Lanzhou 730000, China)

Abstract

This paper investigates the impact of standards on China¡¯s trade volume with the rest of the world and its bilateral trade flows with the US, from panel data covering 33 ICS classified technology sectors between 1990¨C2010. Results show that China¡¯s country specific voluntary standards promote China¡¯s foreign trade and the impact on exports is larger than on imports. China¡¯s internationally harmonized voluntary standards have the strongest positive impact, especially on imports. China¡¯s country specific mandatory standards increase imports while decreasing exports. China¡¯s internationally harmonized mandatory standards are favorable for China¡¯s foreign trade development. China¡¯s country specific voluntary standards and internationally harmonized standards contribute to promoting China¡¯s trade surplus with the US.

Suggested Citation

  • Lijuan Yang, 2013. "Do National Standards Impact Foreign Trade? Evidence from China¡¯s Foreign Trade and Sino-US Bilateral Trade," Frontiers of Economics in China-Selected Publications from Chinese Universities, Higher Education Press, vol. 8(1), pages 113-145, March.
    • Handle: RePEc:fec:journl:v:8:y:2013:i:1:p:113-145
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    File URL: http://journal.hep.com.cn/fec/EN/10.3868/s060-002-013-0006-8
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    Cited by:

    1. Lu, Yi & Tao, Zhigang & Zhang, Yan, 2018. "How do exporters adjust export product scope and product mix to react to antidumping?," China Economic Review, Elsevier, vol. 51(C), pages 20-41.

    More about this item

    Keywords

    standards; China¡¯s foreign trade; standardization; panel analysis;
    All these keywords.

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F10 - International Economics - - Trade - - - General
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality

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