“The persistence of trade policy in China after WTO accession”
In: Journal of International Economics, Vol. 114, Sep 2018, pp 130-142
Import tariffs have fallen steeply worldwide over the last several decades, but has trade policy persisted through a rise in the use of other instruments? Garred study this question in the context of China’s 2001 accession to the World Trade Organization, using panel data on Chinese export policies. He finds that after its entry into WTO, the distribution of China’s export restrictions across industries increasingly resembles the inverse of its pre-WTO import tariff schedule. The evidence suggests that increases in export restrictions are likely to have partly restored China’s pre-WTO trade policy.