How China's accession to the WTO affects global welfare?

Fan, Haichao; Gao, Xiang; Zhang, Lina

doi:10.1016/j.chieco.2021.101688

Cited by 6 publications

(7 citation statements)

References 39 publications

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“…Over the past two decades, regime changes, terrorism, and consequential regional conflicts have caused internal instabilities and energy market fluctuations [40][41][42]. China had relatively peaceful trading experiences with most partners since joining the World Trade Organization [43,44]. Nevertheless, the US-China trading conflict, which began during Trump's presidency, and the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) pandemic outbreak in 2019, have emphasized the trading risks and have necessitated that these be examined from different perspectives.…”

Section: Importsmentioning

confidence: 99%

Assessing Risks on China’s Natural Gas Supply under Carbon Peaking Policies from Foreign–Domestic Perspectives

Chen,

Li,

2024

Energies

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China’s natural gas supply has been challenged in the past few years by non-traditional risks such as trading conflicts, the COVID-19 pandemic, and the country’s own emission policy. To ensure energy security and supply, conducting an up-to-date risk analysis of China’s natural gas supply status is crucial. This research utilized the Fuzzy-AHP method to compose a risk index and assessed the key links within China’s natural gas supply chain from the import side to the domestic side. The results indicate that (a) for China’s gas import, the most influential risks are the correlated dependence risk, international relation risk, and supplier internal stability risk. (b) While the dependence risk and transport risk have decreased sharply in the past decade, the import risk is still China’s major concern on natural gas supply. (c) Emissions-peaking and carbon neutrality targets are potential challenges, which the country would possibly face in the near future.

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Section: Importsmentioning

confidence: 99%

Assessing Risks on China’s Natural Gas Supply under Carbon Peaking Policies from Foreign–Domestic Perspectives

Chen,

Li,

2024

Energies

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“…To the best of our knowledge, this topic has not been investigated in the empirical literature. In fact, while few works in the literature have shown the positive effect of the membership in the GATT/WTO on member states' economic growth and the global welfare (e.g., Brotto et al, 2021;Fan et al, 2021;Tang and Wei, 2009), no study has been undertaken on the effect of the GATT/WTO membership on member states' economic growth volatility.…”

Section: Introductionmentioning

confidence: 99%

Effect of the duration of membership in the GATT/WTO on economic growth volatility

Gnangnon

2023

Structural Change and Economic Dynamics

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“…In an attempt to explore the welfare effect of the membership in the GATT/WTO, few other recent works have considered the effect of this membership on economic growth (e.g., Brotto et al, 2021;Tang and Wei, 2009), global welfare (e.g., Fan et al, 2021) and poverty (Kouwoaye, 2021). Tang and Wei (2009) have obtained that the accession to the GATT/WTO has been associated with an improvement in the economic growth rate, especially in countries that were subject to rigorous accession procedures, i.e., those that undertook extensive policy reform commitments upon accession to the GATT/WTO.…”

Section: Introductionmentioning

confidence: 99%

“…In particular, five years after the accession to the GATT/WTO, an economy is 30% larger, with the impact of WTO entry on economic growth persisting beyond the first five years of accession. Fan et al (2021) have obtained that both China and the rest of the world have benefited significantly from the import tariff reduction after China's entry into the WTO, with the estimated welfare gains falling in a range of [1.4697%, 3.8743%] and [0.0743%, 0.1015%], respectively for China and the rest of the world. Kouwoaye (2021) has uncovered, inter alia, that member states that undertook extensive policy reforms commitments upon entry into the GATT/WTO, experienced lower poverty rates.…”

Section: Introductionmentioning

confidence: 99%

Effect of the duration of membership in the GATT/WTO on human development in developed and developing countries

Gnangnon

2023

Empirica

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The present article has examined the effect of the duration of the membership in the General Agreement on Tariffs and Trade (GATT) and/or the World Trade Organization (WTO) (and not the mere membership in the GATT/WTO) on human development, considered as a measure of citizens' welfare. The theoretical hypothesis underpinning the analysis is that by fostering export product upgrading, the duration of the membership in the GATT/WTO would reduce economic growth volatility, and consequently promotes human development. The analysis has relied on a panel dataset of 148 developed and developing countries, over the period from 1990 to 2019. It has provided support for the theoretical hypothesis by showing that the membership duration fosters human development in countries that enjoy a high level of export product upgrading, measured through export product diversification, the quality of export products, and the level of economic complexity. Countries with low levels of export product upgrading experience no significant effect of the membership duration on the growth of human development. Interestingly, the membership duration is associated with a higher growth of human development regardless of countries' degree of economic growth volatility. However, the lower the level of economic growth volatility, the larger is the magnitude of the positive effect of the membership duration on the growth of human development. Finally, there exists an heterogenous effect of the membership duration on the growth rate of human development across countries in the full sample, reflecting the degree of stringency of countries' accession procedures to the GATT/WTO.

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How China's accession to the WTO affects global welfare?

Cited by 6 publications

References 39 publications

Assessing Risks on China’s Natural Gas Supply under Carbon Peaking Policies from Foreign–Domestic Perspectives

Assessing Risks on China’s Natural Gas Supply under Carbon Peaking Policies from Foreign–Domestic Perspectives

Effect of the duration of membership in the GATT/WTO on economic growth volatility

Effect of the duration of membership in the GATT/WTO on human development in developed and developing countries

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