[Discussion Papers 18  2005]

2005-12-30

Bank of Finland Institute for Economies in Transition (BOFIT)

Contents
Tiivistelmä .....................................5
Abstract ......................................6
1 Introduction: China’s WTO entry framework .....................................7
2 Trade liberalisation with sectoral/regional inequality ............................9
2.1 Trade patterns ................................9
2.2 Lowering barriers.......................12
2.3 Regional industry structures .................................14
3 CGE models of China ............................................15
4 Basic model structure.............................................20
5 Database, baseline and scenario design .................................21
5.1 Data and special considerations ........................22
5.2 Baseline scenario ................................23
6 Simulation results for trade liberalisation ................................27
6.1 Macro results..................................................28
6.2 Sectoral results ...............................................30
6.3 Provincial/regional results .....................................31
7 Major policy implications and limitations .........................33
References...........................37
Appendices.....................42