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WTO ACCESSION AND CHINA's DOMESTIC REGIONAL LIBERALIZATION: A THEORETICAL ANALYSIS
Author(s) -
Li Jie,
Zhang Anming
Publication year - 2003
Publication title -
pacific economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.34
H-Index - 33
eISSN - 1468-0106
pISSN - 1361-374X
DOI - 10.1111/j.1468-0106.2003.00215.x
Subject(s) - accession , liberalization , china , international economics , free trade , international trade , economics , trade diversion , international free trade agreement , political science , market economy , european union , law
. This paper examines the implications of China's WTO accession for its domestic regional liberalization. We find first that, without WTO membership, regional liberalization might create a trade diversion that benefited only low‐protection regions while harming high‐protection regions, and it might or might not benefit the country as a whole. Second, we find that WTO entry will benefit the whole country, whether there is regional liberalization or not. Third, we find that WTO entry will facilitate domestic regional liberalization.