Has China replaced colonial trade?

Autor: Laurent Didier, Pamina Koenig
Přispěvatelé: Centre d'Économie et de Management de l'Océan Indien (CEMOI), Université de La Réunion (UR), Paris School of Economics (PSE), Paris Jourdan Sciences Economiques (PJSE), Université Panthéon-Sorbonne (UP1)-École normale supérieure - Paris (ENS Paris)-Institut National de la Recherche Agronomique (INRA)-École des hautes études en sciences sociales (EHESS)-École des Ponts ParisTech (ENPC)-Centre National de la Recherche Scientifique (CNRS), Centre de Recherche en Economie Appliquée à la Mondialisation (CREAM), Université de Rouen Normandie (UNIROUEN), Normandie Université (NU)-Normandie Université (NU)-Institut de Recherche Interdisciplinaire Homme et Société (IRIHS), Normandie Université (NU)-Normandie Université (NU)-Université de Rouen Normandie (UNIROUEN), Normandie Université (NU), École des Ponts ParisTech (ENPC)-École normale supérieure - Paris (ENS Paris), Université Paris sciences et lettres (PSL)-Université Paris sciences et lettres (PSL)-Université Paris 1 Panthéon-Sorbonne (UP1)-Centre National de la Recherche Scientifique (CNRS)-École des hautes études en sciences sociales (EHESS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE), Université Paris 1 Panthéon-Sorbonne (UP1)-École normale supérieure - Paris (ENS Paris), Université Paris sciences et lettres (PSL)-Université Paris sciences et lettres (PSL)-École des hautes études en sciences sociales (EHESS)-École des Ponts ParisTech (ENPC)-Centre National de la Recherche Scientifique (CNRS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE), Bauer, Caroline
Jazyk: angličtina
Rok vydání: 2019
Předmět:
China
media_common.quotation_subject
International trade
Colonialism
Colonial trade
0502 economics and business
European integration
Economics
Bilateral effects
Gravity equation
050207 economics
[SHS.ECO] Humanities and Social Sciences/Economics and Finance
050205 econometrics
media_common
business.industry
05 social sciences
Pairs trade
multilateral resistance
Redistribution (cultural anthropology)
[SHS.ECO]Humanities and Social Sciences/Economics and Finance
Independence
China Multilateral resistance
JEL: F - International Economics/F.F5 - International Relations
National Security
and International Political Economy/F.F5.F51 - International Conflicts • Negotiations • Sanctions
business
General Economics
Econometrics and Finance
JEL: F - International Economics/F.F5 - International Relations
National Security
and International Political Economy/F.F5.F54 - Colonialism • Imperialism • Postcolonialism
Zdroj: Review of World Economics
Review of World Economics, Springer Verlag, 2019, 155, pp.199-226. ⟨10.1007/s10290-018-0334-4⟩
ISSN: 1610-2878
1610-2886
DOI: 10.1007/s10290-018-0334-4⟩
Popis: China is often suspected of taking over the extraordinary trade relationships that former colonies had within colonial empires. We detail the three reasons why China's trade flows with former colonies could exhibit unexpected levels after independence. Besides potential preferential bilateral relationships built after independence, the two expected determinants of trade flows are China's export capacity and the natural redirection caused by the increase in country pairs trade costs due to independence. We investigate and quantify the three reasons explaining the level of former colonies' trade flows with China. Using sequentially naive graphical representations and structural gravity equations, we show that methodological issues can be largely responsible for displaying and estimating abnormaly high trade levels between former colonies and China. We show that increased trade between these pairs of countries is the result of coinciding unilateral factors on each side which raise trade with all partners, instead of being driven by more intense bilateral preferences. We then measure the reorientation of trade flows from former colonies' metropoles towards China and show that independence has produced the expected redistribution: trade flows would be 15$\%$ lower with China, had former colonies not become independent.
Databáze: OpenAIRE
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