Economic Effects of China’s Import Expansion Strategy
Economic Effects of China’s Import Expansion Strategy作者机构:School of Economic ManagementChina Agricultural UniversityBeijingChina School of EconomicsNanjing Audit UniversityNanjingChina Research Center for International Trade and EconomicsGuangdong University of Foreign StudiesGuangzhouChina
出 版 物:《China Economist》 (中国经济学人(英文版))
年 卷 期:2022年第17卷第3期
页 面:62-88页
学科分类:02[经济学] 0202[经济学-应用经济学] 020206[经济学-国际贸易学]
基 金:the National Social Science Foundation Major Project(Grant NO.20&ZD119)
主 题:Import expansion strategy economic effects general equilibrium simulation
摘 要:Since 2018,China has enacted a string of policy initiatives to increase *** quantify this import expansion strategy’s economic effects,we created a large numerical general equilibrium model and quantitatively simulated the economic effects of the reductions of tariff and non-tariff barriers on China and other *** simulation results show that overall,China’s import expansion strategy benefited both itself and others and contributed to employment,welfare,and trade growth in China and the rest of the *** relative terms,however,China’s import expansion strategy benefited other countries more than it did itself and contributed more to the growth of the world ***,the import expansion strategy may effectively promote China’s trade balance,and the trade equilibrium effect driven by the reduction of non-tariff barriers is more significant than that of tariff ***,regarding the self-benefiting effects of import expansion,the effects of nontariff measures are significantly greater than those of tariff measures,and this result has policy implications for China’s import expansion strategy going forward.