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Environmental regulation and trade pattern:a case of China

Ecological Economy 2007年第3期3卷 234-242页

作者： Qi Jianhong Zheng Yingmei Zhao Yong School of Economics Shandong UniversityJinan 250100.P.R.China School of Economics Renmin Univesity of ChinaBeijing 100872.P.R.China

As a growing number of countries, including both developed and developing countries, have in recent yearstaken environmental regulation at different levels, a question of great concern has been raised: can the regulation alterthe existing trade volume and trade pattern, and ultimately drive pollution-intensive industries to countries with low-levelregulations or even those without regulations at all? Starting from the three different propositions concerning therelationship between environmental regulation and trade pattern, this paper applies cointegration analysis and errorcorrection model to empirically testing the relationship between environmental regulation and trade in China during theperiod of 1985-2005. Our empirical results indicate that in the short run the collection of pollution discharge fees bearsa positive impact on the export share of clean products of total exports. Thus, higher pollution discharge fees raise theratio of clean products exports to total exports. This further indicates that more stringent environmental regulationpromotes the exports of clean products. In the long run pollution discharge fees are positively correlated with the exportshare of clean products but negatively associated with their import share. Such correlations imply that environmentalregulation tends to facilitate the international specialization in line with comparative advantages.

关键词： Environmental regulation trade pattern Cointegration analysis Error correction model

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What’s So Special about China’s Exports?

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China & World Economy 2006年第5期14卷 1-19页

作者： Dani Rodrik Harvard University USA

Much more than comparative advantage and free markets have been at play in shaping China＇s export success. Government policies have helped nurture domestic capabilities in consumer electronics and other advanced areas that would most likely not have developed in their absence. As a result, China has ended up with an export basket that is significantly more sophisticated than what would be normally expected for a country at its income level. This has been an important determinant of China ＇s rapid growth. What matters for China＇s future growth is not the volume of exports, but whether China will continue to latch on to higher-income products over time.

关键词： China export comparative advantage consumer electronics trade pattern

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Prospect Analysis of the United States' Crude Oil Exports to the Asia-Pacific Region

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China Oil & Gas 2018年第2期25卷 41-48页

作者： Chen Bo Wang Pei Liu Wenqing China International United Petroleum & Chemicals Co. Ltd.

At the end of 2015, the United States lifted a 40-year ban on crude oil exports, which has far-reaching implications for the global crude oil market and crude oil trade patterns. Since the release of crude oil exports, with the recovery of crude oil production and improved export infrastructure in the United States, U.S. crude oil exports have been growing rapidly, with an average of about one million barrels/day in 2017, making the U.S one of the major global crude oil exporters. Currently, the AsiaPacific region has replaced North America as the first major destination for U.S. crude oil exports. In light of future trends in the oil refining industry of the Asia-Pacific region, it will usher in a new wave of refinery operations around 2020 and crude oil imports will continue to grow rapidly. The American region, represented by the United States, will replace West Africa as the second largest source of crude oil imports to the Asia-Pacific region, and that energy trade cooperation between the Asia-Pacific region and the United States will continue to grow. In particular, for China, the United States will become an important source of crude oil imports for our country in the future, and the two countries will shift from the past of energy competition to energy cooperation. Sino-US energy trade will play a more active role in economic and trade cooperation between the two countries.

关键词： U.S. crude oil exports Asia-Pacific China Refining capacity trade pattern Infrastructure Economic efficiency

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