The Trade-related Research Among China Mainland, Taiwan And The United States

Since the Cross-Strait resumed their economic and trade relationship in 1979, their bilateral trade scale have developed rapidly.Until 2007,China Mainland has become the biggest export market and the biggest trade surplus source of Taiwan, meanwhile,Taiwan has become China Mainland's the fifth trade partner.To certain degree,the development of economic relationship across two sides of Taiwan Straits relates much to American economic.It will breakthrough the limit of traditional outlook and give us a new platform to observe the trade across Taiwan Straits from the perspective of world's economic.There are many articles about the economic and trade relationship across Taiwan Straits.But they seldom relate the economic and trade relationship across Taiwan Straits to the economic and trade between China and America;especially,they hardly concern about how the trade between China and America affects the trade across Taiwan Straits.So I will try to combine them together and analyze the scale and structure of trade across Taiwan Straits and between China and America thoroughly and in full scale,and then further analyze their relationship between the three parties with econometric model.We examine the long-run equilibrium relationship on China-US Trade and Cross-Strait trade by constructing cointegration equation.Empirical results show that, there have positive relationship in Sino-US Trade,which is the volume of trade across Taiwan Straits will increase while the volume of Sino-US trade;however the trade relationship between Taiwan and America is negative,the decline in the volume of US-Taiwan trade will cause an increase in cross-strait trade.