Containing Chinese State-Owned Enterprises? The Role of Deep Trade Agreements
Regional trade agreements increasingly include provisions that regulate state-owned enterprises. This paper combines new information on the content of “deep” regional trade agreements and data on Chinese firm-level exports during 2000-11 to analyze...
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/326941619094864250/Containing-Chinese-State-Owned-Enterprises-The-Role-of-Deep-Trade-Agreements http://hdl.handle.net/10986/35516 |
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okr-10986-355162022-09-20T00:08:50Z Containing Chinese State-Owned Enterprises? The Role of Deep Trade Agreements Lefebvre, Kevin Rocha, Nadia Ruta, Michele STATE-OWNED ENTERPRISES REGIONAL TRADE AGREEMENT SUBSIDIES COMPETITION POLICY Regional trade agreements increasingly include provisions that regulate state-owned enterprises. This paper combines new information on the content of “deep” regional trade agreements and data on Chinese firm-level exports during 2000-11 to analyze the spillover effect of rules on state-owned enterprises on the intensive and extensive margins of Chinese state-owned enterprises’ trade. Rather than containing state capitalism, regional trade agreements regulating state-owned enterprises signed by Chinese trading partners with third countries increase exports and entry of Chinese state-owned enterprises as they gain a competitive edge in regulated markets. This spillover effect is robust to several extensions and is even stronger for agreements that include rules on subsidies and competition policy. This finding points to the need for commonly agreed multilateral rules to regulate state owned enterprises. 2021-04-29T14:03:34Z 2021-04-29T14:03:34Z 2021-04 Working Paper http://documents.worldbank.org/curated/en/326941619094864250/Containing-Chinese-State-Owned-Enterprises-The-Role-of-Deep-Trade-Agreements http://hdl.handle.net/10986/35516 English Policy Research Working Paper;No. 9637 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper East Asia and Pacific China |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
STATE-OWNED ENTERPRISES REGIONAL TRADE AGREEMENT SUBSIDIES COMPETITION POLICY |
| spellingShingle |
STATE-OWNED ENTERPRISES REGIONAL TRADE AGREEMENT SUBSIDIES COMPETITION POLICY Lefebvre, Kevin Rocha, Nadia Ruta, Michele Containing Chinese State-Owned Enterprises? The Role of Deep Trade Agreements |
| geographic_facet |
East Asia and Pacific China |
| relation |
Policy Research Working Paper;No. 9637 |
| description |
Regional trade agreements increasingly
include provisions that regulate state-owned enterprises.
This paper combines new information on the content of “deep”
regional trade agreements and data on Chinese firm-level
exports during 2000-11 to analyze the spillover effect of
rules on state-owned enterprises on the intensive and
extensive margins of Chinese state-owned enterprises’ trade.
Rather than containing state capitalism, regional trade
agreements regulating state-owned enterprises signed by
Chinese trading partners with third countries increase
exports and entry of Chinese state-owned enterprises as they
gain a competitive edge in regulated markets. This spillover
effect is robust to several extensions and is even stronger
for agreements that include rules on subsidies and
competition policy. This finding points to the need for
commonly agreed multilateral rules to regulate state owned enterprises. |
| format |
Working Paper |
| author |
Lefebvre, Kevin Rocha, Nadia Ruta, Michele |
| author_facet |
Lefebvre, Kevin Rocha, Nadia Ruta, Michele |
| author_sort |
Lefebvre, Kevin |
| title |
Containing Chinese State-Owned Enterprises? The Role of Deep Trade Agreements |
| title_short |
Containing Chinese State-Owned Enterprises? The Role of Deep Trade Agreements |
| title_full |
Containing Chinese State-Owned Enterprises? The Role of Deep Trade Agreements |
| title_fullStr |
Containing Chinese State-Owned Enterprises? The Role of Deep Trade Agreements |
| title_full_unstemmed |
Containing Chinese State-Owned Enterprises? The Role of Deep Trade Agreements |
| title_sort |
containing chinese state-owned enterprises? the role of deep trade agreements |
| publisher |
World Bank, Washington, DC |
| publishDate |
2021 |
| url |
http://documents.worldbank.org/curated/en/326941619094864250/Containing-Chinese-State-Owned-Enterprises-The-Role-of-Deep-Trade-Agreements http://hdl.handle.net/10986/35516 |
| _version_ |
1764483196890644480 |