Measuring the Effects of a Sliding Duty System on China’s Cotton Market: A Spatial Equilibrium Approach
Measuring the Effects of a Sliding Duty System on China’s Cotton Market: A Spatial Equilibrium Approach
复制标题
衡量滑准税制度对中国棉花市场的影响:空间均衡方法
DOI:
10.1002/agr.21374
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发表时间:
2014
期刊:
影响因子:
--
通讯作者:
and Harry M. Kaiser
中科院分区:
文献类型:
--
作者:
Wang;Xuejun;Koshi Maeda;Satoshi Hokazono;Nobuhiro Suzuki;and Harry M. Kaiser
We examined the impacts of China's implementation of a sliding scale duty (SSD) system on the world cotton market. The analysis was based on a spatial equilibrium model of major importing and exporting regions that incorporates key features of China's SSD. The model solutions suggest that implementation of the SSD system improved market access for imports of cotton in China, which benefitted cotton processors, and adversely affected China's cotton producers. The Chinese market price of cotton decreased, imports increased, and domestic production declined. Furthermore, subsequent adjustments of the SSD system increased market access for cotton, which benefitted China cotton processors. These changes in China's cotton trade policy altered conditions in the world. [EconLit Citations: C600; F130; Q170].