Trade Protectionism and Export Adjustment on the Extensive Margin: An Analysis Based on the China–U.S. Trade War*

IF 5.3 3区 经济学 Q1 ECONOMICS Asian Economic Papers Pub Date : 2023-04-01 DOI:10.1162/asep_a_00859
W. Tian, Y. Hei
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Abstract

Abstract Based on highly disaggregated customs data from 2016–19, this paper investigates the impact of the China–U.S. trade war on the exports of Chinese firms, from the perspective of the extensive margin of product scope. The paper finds that the rise in U.S. import tariffs during the trade war led to Chinese exporters concentrating on production of their core products and shrinking their export scope. Higher import tariffs resulted in an average 2.43 percent decline in export scope and an average 1.25 percent increase in the export share of core products. The damage was particularly pronounced for intermediate products and heterogeneous products, which is consistent with the high duties. The paper provides direct evidence on the harm to export diversification caused by the China–U.S. trade war, suggesting a welfare loss from the decrease in product variety, as emphasized in the literature. This result holds after controlling for factors such as production cycles and heterogeneity.
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贸易保护主义与出口大范围调整——基于中美贸易关系的分析。贸易战争*
摘要本文基于2016 - 2019年高度分类的海关数据,考察了中美贸易便利化对贸易的影响。贸易战对中国企业出口的影响,从产品范围的广泛边际来看。研究发现,贸易战期间美国提高进口关税导致中国出口企业集中生产核心产品,缩小出口范围。提高进口关税导致出口范围平均下降2.43%,核心产品出口份额平均增加1.25%。中间产品和异质产品的损害特别明显,这与高关税是一致的。本文为中美贸易对出口多元化的损害提供了直接证据。正如文献所强调的那样,贸易战表明了产品种类减少带来的福利损失。在控制了生产周期和异质性等因素后,这一结果成立。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
7.50
自引率
0.00%
发文量
16
期刊介绍: The journal Asian Economic Papers (AEP) is supported by several prominent institutions, including the Center for Sustainable Development at Columbia University in the United States. This shows that there is a strong emphasis on sustainable development within the journal's scope. Additionally, the Korea Institute for International Economic Policy in South Korea, the UN Sustainable Development Solutions Network (SDSN) in Malaysia, and the Economic Research Institute for ASEAN and East Asia in Indonesia also sponsor AEP. The articles published in AEP focus on conducting thorough and rigorous analyses of significant economic issues pertaining to specific Asian economies or the broader Asian region. The aim is to gain a deeper understanding of these issues and provide innovative solutions. By offering creative solutions to economic challenges, AEP contributes to the discourse and policymaking that impact the Asian economies and region as a whole.
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