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The Impact Of FTA Developent On The Market Access Of China's Export

Posted on:2019-12-14Degree:MasterType:Thesis
Country:ChinaCandidate:L X YangFull Text:PDF
GTID:2429330545951372Subject:Applied Economics
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Since the 21 st century,the economic globalization has been continually developing in depth.Under the background that the WTO,the core of world multilateral trade system,achieved only slow progress in current years,regional economic integration has become an important supplementary way for many countries to pursue trade liberalization.As such,bilateral and multilateral free trade areas(FTAs),one of the most important forms of regional economic cooperation,are also springing up.In the past 20 years,our country has also followed this trend and accomplished the development process from the initial exploration of FTA construction to the formal strategic proposal and acceleration.Since the signing of the framework agreement with ASEAN in November 2002 and the start of the construction of the China-ASEAN FTA,to June 2017,China has already signed 15 Free Trade Agreements and has as many as 20 agreements in negotiation or joint feasibility study.At this moment when the global financial crisis hasn't yet been completely solved and when the road to multilateral trade system is still bumpy,the practice of the FTA strategy will also be one of the important ways for China to deepen its opening up to the world,integrate itself into global and regional production networks,and promote its economic restructuring and development.Therefore,it is significant to comb study the current development of FTAs signed by our country and their impact on market access.Based on the background above,this essay analyzes the impact of China's current FTAs development on the market access of its exported goods based on the empirical measurement of a number of trade restrictiveness indices,and puts forward the corresponding policy recommendations to ensure the further promotion and development of China's FTA strategy in the future.The full text is divided into six parts.The first part is the introduction.The second part firstly defines the basic concepts related to the research and then introduces the theory of regional economic integration and import-limited trade policy,and combs the domestic and foreign scholars' research on the FTA development and the measurement of the market access faced by goods.The third part introduces the historical process and current situation of FTA construction in our country,and the development of our country's commodity trade under this background.The fourth part analyzes the related mechanism of how FTA strategy of a country and its trading partners affect its bilateral trade,which lays the foundation for the empirical analysis in the next chapter.The fifth part is the core of the essay.It empirically measures the four trade restrictiveness indices respectively regarding the tariff and non-tariff measures,and makes descriptive statistical analysis and country-specific analysis on the results,finally uses the panel gravitational model to analyze the impact of market access conditions on China's exports.It's found that the development of FTA has improved China's direct market access conditions,which in turn promoted the growth of China's export of goods,and delayed the deterioration of its relative market access conditions.Finally,the article draws conclusions based on the study of first five parts and recommends that China can,through various measures,improve the market access conditions it faces by increasing the utilization rate of preferential FTA policies,constructing FTAs around and alongside the “One Belt and One Road”,actively promoting the negotiation of multilateral agreements such as RCEP,deploying global FTA networks under the “axle-spoke” model and improving the domestic supporting system for FTA strategies to promote the negotiation standards.
Keywords/Search Tags:FTA, Goods Export, Market Access, Trade Restrictiveness Indices
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