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China’s Politics and Bilateral Trade Linkages
Jianhong Zhang,Arjen van Witteloostuijn,J. Paul Elhorst 서울대학교행정대학원 2011 Asian Journal of Political Science Vol.19 No.1
China’s position in the world economy during the past half-century provides vitalinformation for investigating the relation between politics and trade. Although there is asubstantial number of studies in this area, the current study extends the literature in atleast three ways: (1) it is one of the first studies that investigates the problem of apotential sample selection bias*as a result of the fact that countries taken up in theanalysis are not randomly sampled from all countries in the world; (2) it considers thirdcountryeffects that follow from the fact that China’s relation with any two countries isaffected by the relation between these countries themselves; and (3) it tests the impact offive political arrangements simultaneously, which is more comprehensive than anyformer study. By using data as to 78 of China’s trade partners over the 19502002period, this study provides empirical evidence for the hypotheses that the establishment ofdiplomatic relations, cooperation, visits of heads of states and political system similarityare associated with greater trade flows. The hypothesis that member countries of aPreferential Trading Agreement have had smaller trade flows with China, which is nomember of any of these Preferential Trading Agreements, is not supported by the results.