Measuring aggregate trade costs and its empirical effects on manufacturing export composition in China
نویسندگان
چکیده
Results: We find that China’s aggregate trade costs are declining, but it is still 1/3 higher than that of developed countries of 10 years ago; bilateral trade costs between China and some countries even risen instead; aggregate trade costs are the determinants, not only of “global” and “local” comparative advantages, but also of export share of China’s manufacturing products, and its effect is stronger in industries with higher trade cost intensity.
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