IDEAS home Printed from https://ideas.repec.org/b/iie/ppress/31.html
   My bibliography  Save this book

Measuring the Costs of Protection in China

Author

Listed:
  • Zhang Shuguang
  • Zhang Yansheng
  • Wan Zhougxin

Abstract

China was steeped in the concepts and ideology of a planned economy for 30 years until reforms began in 1978. Although the country is now well on its way to becoming a market economy, its trading system remains shackled by its centrally planned past. Measuring the Costs of Protection in China analyzes some of the costs of trade protection and the corresponding benefits of liberalization for 25 highly protected sectors in China. The book begins with a description of the development of China's trade administration system, sketching the obstacles to and prospects for further liberalization. The authors analyze the structure of Chinese trade protection and present their estimates of its static costs. They then offer an in-depth analysis of the country's trade regime and of the administrative barriers to rationalization and liberalization.The final chapter presents the authors' recommendations for improving China's trade system. They conclude that the short-term costs of trade liberalization for goods examined in the study will be substantial in terms of lost domestic output and lost jobs. The long-term benefits, however, would provide some $35 billion worth of consumer benefits. Five appendices provide greater technical detail on the modeling and methodology applied in this study, as well as a brief description of some peculiarities of the Chinese trade regime-including copious levels of smuggling and monopolistic market structures.The study was conducted by a team of Chinese economists at the independent Unirule Institute in Beijing, whose president is the prominent reformer, Mao Yushi. It is part of the Institute's series on the costs of protection in several major countries, which has previously produced publications on the United States, Japan, and Korea.

Suggested Citation

  • Zhang Shuguang & Zhang Yansheng & Wan Zhougxin, 1998. "Measuring the Costs of Protection in China," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 31, January.
  • Handle: RePEc:iie:ppress:31
    as

    Download full text from publisher

    File URL: https://www.piie.com/bookstore/measuring-costs-protection-china
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. James E. Anderson & Eric van Wincoop, 2004. "Trade Costs," Journal of Economic Literature, American Economic Association, vol. 42(3), pages 691-751, September.
    2. Michiel Kok & Richard Nahuis & Albert de Vaal, 2004. "On labour standards and free trade," The Journal of International Trade & Economic Development, Taylor & Francis Journals, vol. 13(2), pages 137-158.
    3. Judith M. Dean & Mary E. Lovely & Hua Wang, 2017. "Are foreign investors attracted to weak environmental regulations? Evaluating the evidence from China," World Scientific Book Chapters, in: Mary E Lovely (ed.), International Economic Integration and Domestic Performance, chapter 9, pages 155-167, World Scientific Publishing Co. Pte. Ltd..
    4. Lips, Markus & Tabeau, Andrzej & van Tongeren, Frank, 2004. "Modeling of Duty Drawback by Means of Domestic Final Consumption Subsidy," Conference papers 331179, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    5. Martin, Will, 2001. "Trade policy reform in the East Asian transition economies," Policy Research Working Paper Series 2535, The World Bank.
    6. McDonald, Daniel & Nair, Roneel & Rodriguez, Gil & Buetre, Benjamin L., 2005. "Trade flows between Australia and China: An opportunity for a free trade agreement," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 137935, Australian Agricultural and Resource Economics Society.

    More about this item

    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:iie:ppress:31. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Peterson Institute webmaster (email available below). General contact details of provider: https://edirc.repec.org/data/iieeeus.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.