000			01380nam a22001457a 4500
999			_c524977 _d524977
008			240202b ||||| |||| 00| 0 eng d
100			_aYang, Chih-Hai and Hayakawa, Kazunobu _948377
245			_athe substitution effect of US-China trade war on Taiwanese trade
260			_aThe Developing Economies
300			_a61(4), Dec, 2023: p.324-341
520			_aUsing monthly trade data from January 2018 to December 2019, we empirically examine the effects of the US-China trade war on Taiwan's exports as well as imports. On the export side, the tariff hike in the US against imports from China may increase Taiwan's exports to the US, (i.e., the substitution effect). To investigate this hypothesis, we examine how US tariffs on goods from China affect Taiwan's exports to the US. More directly, we also explore how China's exports to the US change Taiwanese exports to the US. On the import side, decline of China's export to the US may boost Taiwan's export while increasing its demand on Chinese intermediate inputs. Our empirical analyses confirmed the validity of these hypotheses. By contrast, we did not find a substitution effect in exports from neighboring countries—that is, Japan and South Korea. – Reproduced https://onlinelibrary.wiley.com/doi/10.1111/deve.12378
773			_aThe Developing Economies
906			_aINTERNATIONAL TRADE
942			_cAR