Re-estimation of China-EU trade balance

doi:10.1016/j.chieco.2019.01.008

CORC > 数学与系统科学研究院 > 中国科学院数学与系统科学研究院 > 系统科学研究所

	Re-estimation of China-EU trade balance
	Jiang, Xuemei 4; Kong, Yishu 1; Li, Xinru 2,3; Yang, Cuihong2,3 ; Chen, Xikang 3
刊名	CHINA ECONOMIC REVIEW
	2019-04-01
卷号	54 页码:350-366
关键词	China-EU trade Trade balance Domestic value-added Discrepancy
ISSN号	1043-951X
DOI	10.1016/j.chieco.2019.01.008
英文摘要	Significant discrepancy exists between official Chinese and EU trade statistics on the magnitudes of the China-EU trade in goods as well as in services. While the discrepancy of China-U.S. trade surplus has been thoroughly studied by scholars and policymakers, the discrepancy of China-EU trade surplus is barely discussed in literatures. This may lead to seriously bias in understanding China-EU trade relationship, and even cause unnecessary trade friction. In this paper, we discuss the reasons behind the discrepancy of China-EU trade and quantify the extent to which the discrepancy is contributed by transportation costs, re-exports and their markups. We also employ the input-output tables of both EU and China, and measure the China-EU trade balance of goods and services in both domestic value-added (DVA) terms as well as in gross terms. The discrepancy of China-EU trade balance in goods (and services) still exists after adjustments, but is significantly reduced. With the adjustments on price and re-exports, in 2016, the discrepancy of China-EU trade in goods and services of Chinese release over EU release would shrink from an initial estimation of US$90.6 billion to an estimation of US$20.4 billion in gross terms, and further to US$15.8 billion in value-added terms.
资助项目	Ministry of Commerce of China ; National Natural Science Foundation of China[71873091] ; National Natural Science Foundation of China[61873261] ; National Natural Science Foundation of China[71673269]
WOS研究方向	Business & Economics
语种	英语
出版者	ELSEVIER SCIENCE INC
WOS记录号	WOS:000464630100023
内容类型	期刊论文
源URL	[http://ir.amss.ac.cn/handle/2S8OKBNM/34489]
专题	系统科学研究所
通讯作者	Jiang, Xuemei
作者单位	1.Natl Dev & Reform Commiss, Inst Int Econ Res, Beijing, Peoples R China 2.Univ Chinese Acad Sci, Beijing, Peoples R China 3.Chinese Acad Sci, Acad Math & Syst Sci, Beijing, Peoples R China 4.Capital Univ Econ & Business, Sch Econ, Beijing, Peoples R China
推荐引用方式 GB/T 7714	Jiang, Xuemei,Kong, Yishu,Li, Xinru,et al. Re-estimation of China-EU trade balance[J]. CHINA ECONOMIC REVIEW,2019,54:350-366.
APA	Jiang, Xuemei,Kong, Yishu,Li, Xinru,Yang, Cuihong,&Chen, Xikang.(2019).Re-estimation of China-EU trade balance.CHINA ECONOMIC REVIEW,54,350-366.
MLA	Jiang, Xuemei,et al."Re-estimation of China-EU trade balance".CHINA ECONOMIC REVIEW 54(2019):350-366.