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Economic Effects of China’s Import Expansion Strategy

Economic Effects of China’s Import Expansion Strategy

作     者:Li Chunding Lang Yongfeng He Chuantian 李春顶;郎永峰;何传添

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.

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