The Consequences of China's WTO Accession for Its Neighbors

Warwick McKibbin and Wing Woo

Asian Economic Papers, 2003, vol. 2, issue 2, 1-38

Abstract: Our simulations of a global macroeconomic model suggest that China's WTO accession could create significant welfare losses in the ASEAN-4 if foreign direct investment (FDI) is significantly redirected away from these countries toward China, and if the ASEAN-4 countries are unable to implement policies to make up for the slower rate of technological diffusion from the reduced FDI inflow. If the ASEAN-4 do not fall behind technologically, then they will be able to find lucrative niches within the lengthened international manufacturing production chains. The ASEAN-4 must therefore strengthen their abilities to absorb new foreign technologies quickly and to engage in indigenous technical innovations. Copyright (c) 2003 Center for International Development and the Massachusetts Institute of Technology.

Date: 2003
References: Add references at CitEc
Citations: View citations in EconPapers (10)

Downloads: (external link)
http://www.mitpressjournals.org/doi/pdfplus/10.1162/153535103772624772 link to full text (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: The Consequences of China's WTO Accession on its Neighbors (2003)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tpr:asiaec:v:2:y:2003:i:2:p:1-38

Ordering information: This journal article can be ordered from
https://mitpressjour ... rnal/?issn=1535-3516

Access Statistics for this article

Asian Economic Papers is currently edited by Wing Thye Woo, Sungbae An, Fukunari Kimura and Ming Lu

More articles in Asian Economic Papers from MIT Press
Bibliographic data for series maintained by The MIT Press ().