Household Welfare Impacts of China's Accession to the World Trade Organization
The authors use China's national
household surveys for rural and urban areas to measure and
explain the welfare impacts of the changes in goods and
factor prices attributed to WTO accession. Price changes are
estimated separately using a general equilibrium model to
capture both direct and indirect effects of the initial
tariff changes. The welfare impacts are first-order
approximations based on a household model incorporating