An Empirical Research on WTO′s Contribution to China′s Bilateral Trade Growth ——Also on Other Factors That Influence China′s Bilateral Trade Growth
Shi Zhao
Abstract
Shi Zhao
Abstract
A modified gravity model is employed to research on WTO's contribution to China's bilateral trade growth and other factors that influence China's bilateral trade growth. The findings show that China's entry of WTO contributed 19.6% to its bilateral trade growth, bilateral GDP, FDI to China. APEC have great positive influence on China′s bilateral trade growth, while transport cost is the main negative factor to the trade growth..
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A modified gravity model is employed to research on WTO's contribution to China's bilateral trade growth and other factors that influence China's bilateral trade growth. The findings show that China's entry of WTO contributed 19.6% to its bilateral trade growth, bilateral GDP, FDI to China. APEC have great positive influence on China′s bilateral trade growth, while transport cost is the main negative factor to the trade growth..
Key concepts: China, Bilateral trade, Economics, International economics, International trade, Gravity model of trade, Foreign direct investment, Trade barrier