Chinese Trade Reforms, Market Access and Foreign Competition: The Patterns of French Exporters
利用法国企业数据,研究中国单边贸易改革对法国企业产品范围和出口销售的影响,发现降低中国进口关税平均解释了法国企业7%的新产品和18%的额外出口销售。
A unilateral trade reform generates two opposite effects: market access expansion and strengthening of competitive pressures in the liberalized market. Using detailed trade and firm-level data from France, we investigate how French firms' product scope and export sales changed after Chinese liberalization vis-à-vis Asian liberalization. Our findings suggest that lower Chinese import tariffs account on average for 7 percent of the new products exported by French firms, and for 18 percent of additional French export sales. These results are robust when accounting for foreign competition faced by French firms in the liberalized market.