Do National Standards Impact Foreign Trade? Evidence from China¡¯s Foreign Trade and Sino-US Bilateral Trade
Lijuan Yang ()
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Lijuan Yang: School of Economics, Fudan University, Shanghai 200433, China; School of Economics, Lanzhou University, Lanzhou 730000, China
Frontiers of Economics in China-Selected Publications from Chinese Universities, 2013, vol. 8, issue 1, 113-145
Abstract:
This paper investigates the impact of standards on China¡¯s trade volume with the rest of the world and its bilateral trade flows with the US, from panel data covering 33 ICS classified technology sectors between 1990¨C2010. Results show that China¡¯s country specific voluntary standards promote China¡¯s foreign trade and the impact on exports is larger than on imports. China¡¯s internationally harmonized voluntary standards have the strongest positive impact, especially on imports. China¡¯s country specific mandatory standards increase imports while decreasing exports. China¡¯s internationally harmonized mandatory standards are favorable for China¡¯s foreign trade development. China¡¯s country specific voluntary standards and internationally harmonized standards contribute to promoting China¡¯s trade surplus with the US.
Keywords: standards; China¡¯s foreign trade; standardization; panel analysis (search for similar items in EconPapers)
JEL-codes: F02 F10 L15 (search for similar items in EconPapers)
Date: 2013
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