Home » Chinas Growing Role in World Trade (National Bureau of Economic Research Conference Report) by Robert C. Feenstra
Chinas Growing Role in World Trade (National Bureau of Economic Research Conference Report) Robert C. Feenstra

Chinas Growing Role in World Trade (National Bureau of Economic Research Conference Report)

Robert C. Feenstra

Published March 15th 2010
ISBN :
Kindle Edition
608 pages
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 About the Book 

In less than three decades, China has grown from playing a negligible role in world trade to being one of the worlds largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and sourceMoreIn less than three decades, China has grown from playing a negligible role in world trade to being one of the worlds largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, Chinas economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of Chinas rise—the loss of jobs, for example—others have highlighted the benefits of less expensive goods and services purchased by U.S. consumers along with new market and investment opportunities for U.S. firms.Bringing together an expert group of contributors, Chinas Growing Role in World Trade undertakes an empirical investigation of the effects of Chinas new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volumes careful examination of micro data in light of established economic theories clarifies a number of misconceptions, overturns some conventional wisdom, and documents data patterns that enhance our understanding of issues related to Chinas trade.