Political economy of China’s trade policy: the evidence from industrial protection in 1990s
  • SHENG Bin

Author information -
The Institute of International Economics, Nankai University, Tianjin 300071, China;

Abstract

The theory of the political economy of trade policy, combining public choice and neoclassical trade theories, studies the level and pattern of trade intervention from the perspective of policy decision-making process, by stressing on income distribution instead of economic efficiency. The paper attempts to apply such an endogenous trade theory to an empirical study of China. On the basis of a formal revised model of political economy of trade protection, it tests theoretical hypotheses concerning the political and economic determinants of cross-sector trade protection in the Chinese industry at various periods. The results show that trade protection in China fits into China s national development strategy of fast catching-up with the developed world.

Cite this article

SHENG Bin. Political economy of China’s trade policy: the evidence from industrial protection in 1990s. Front. Econ. China, 2006, 1(3): 406‒432 https://doi.org/10.1007/s11459-006-0014-5


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