Did the Countervailing Measures Impact China’s Export? —An Empirical Evidence from Product Level Data
LI Shijie1, TU Bingjing1, CAI Zuguo2
1.School of Economics, Hainan University, Haikou 570228, China; 2.School of Economics and Management, Southwest Jiaotong University, Chengdu 610031, China
Abstract Based on the export product data from 2004 to 2016, by calculating the intensive margin and expansion margin of each type of product exported during this period, using four countervailing agent variables to measure the countervailing situation encountered by China’s export products, the countervailing to China’s exports a regression analysis of the impact of trade intensive margins is conducted to empirically test the theoretical hypothesis that China’s export prosperity and countervailing coexist. The study found that Chinese export companies often take increasing export value as the first response strategy to stabilize the market share of export destinations and form a countervailing effect on China’s export trade. But this strategy has not really promoted the more important margin of expansion for China’s export trade. Therefore, there is no such mechanism as the so-called trade barriers to promote the transformation and upgrading of Chinese export enterprises.