D. Spinanger, Joseph Francois,
"WTO Accession and the Structure of the Chinese Auto Industry"
: in China and the WTO, edited by W. Martin, Vol. 18, Nummer 1, Oxford University Press and World Bank, Seite(n) 85-104, 2004
Original Titel:
WTO Accession and the Structure of the Chinese Auto Industry
Sprache des Titels:
Englisch
Original Buchtitel:
in China and the WTO, edited by W. Martin
Original Kurzfassung:
This article is concerned with the interaction of regulated efficiency and World Trade Organization (WTO) accession and its impact on China's motor vehicle sector. The analysis is conducted using a 23 sector--25 region computable general equilibrium model. Regulatory reform and internal restructuring are found to be critical. Restructuring is represented by a cost reduction following from consolidation and rationalization that moves costs toward global norms. Without restructuring, WTO accession means a surge of final imports, though imports of parts could well fall as production moves offshore. However, with restructuring, the final assembly industry can be made competitive by world standards, with a strengthened position for the industry. Copyright 2004, Oxford University Press.