Welfare Impacts of China's Accession to the World Trade Organization
Data from China's national rural
and urban household surveys are used to measure and explain
the welfare impacts of changes in goods and factor prices
attributable to accession to the World Trade Organization
(WTO). The price changes are estimated separately using a
general equilibrium model to capture both direct and
indirect effects of the initial tariff changes. The welfare
impacts are first-order approximations based on a household