Chinese Trade Reforms, Market Access and Foreign Competition : The Patterns of French Exporters
A unilateral trade reform generates two opposite effects: market access expansion and strengthening of competitive pressures in the liberalized market. Using detailed trade and firm-level data from France, the authors investigate how French firms&#...
| Main Authors: | , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/01/17195262/chinese-trade-reforms-market-access-foreign-competition-patterns-french-exporters http://hdl.handle.net/10986/12153 |
| Summary: | A unilateral trade reform generates two
opposite effects: market access expansion and strengthening
of competitive pressures in the liberalized market. Using
detailed trade and firm-level data from France, the authors
investigate how French firms' product scope and export
sales changed after Chinese liberalization vis-a-vis Asian
liberalization. The findings suggest that lower Chinese
import tariffs account on average for 7 percent of the new
products exported by French firms, and for 18 percent of
additional French export sales. These results are robust
when accounting for foreign competition faced by French
firms in the liberalized market. |
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