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Exposure of belt and road economies to China trade shocks

dc.contributor.authorBastos, Paulo
dc.date.accessioned2020-03-19T17:26:06Z
dc.date.available2020-03-19T17:26:06Z
dc.date.issued2020-03
dc.description.abstractThis paper uses international trade data to assess the degree of exposure of Belt and Road economies to China trade shocks. It finds that the growth of China’s trade following its internal transformation and accession to the WTO significantly impacted the export performance of Belt and Road economies in the period 2000-2015. The increase in China’s imports significantly boosted the exports of these economies. However, this e↵ect was attenuated by increased competition from China in export markets. The e↵ects of China’s demand shocks were stronger in more upstream industries, while those of competition shocks were stronger in industries that produce goods that are closer to final use. The e↵ects of competition shocks were also relatively stronger in countries that are relatively poorer and geographically closer to China. Building on these findings, the paper documents the current degree of exposure of Belt and Road economies to China trade shocks.pt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationBastos, Paulo (2020). "Exposure of belt and road economies to China trade shocks". Instituto Superior de Economia e Gestão – REM Working paper nº 0119 – 2020pt_PT
dc.identifier.issn2184-108X
dc.identifier.urihttp://hdl.handle.net/10400.5/19930
dc.language.isoengpt_PT
dc.peerreviewedyespt_PT
dc.publisherISEG - REM - Research in Economics and Mathematicspt_PT
dc.relation.ispartofseriesREM Working paper;nº 0119 – 2020
dc.relation.publisherversionhttps://rem.rc.iseg.ulisboa.pt/wps/pdf/REM_WP_0119_2020.pdfpt_PT
dc.subjectBelt and Road Initiativept_PT
dc.subjectChinapt_PT
dc.subjectTrade shockspt_PT
dc.titleExposure of belt and road economies to China trade shockspt_PT
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typeworkingPaperpt_PT

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