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World Economy· 2026Q1

Historical Trade Liberalization and Modern Innovation: Evidence From China's Treaty Ports

Yufei Li, Xing Wei, Chongrui Yang

Short summary

Firms in China's historical treaty port regions show stronger innovation performance today, a legacy of forced market opening from 1842-1943.

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Field: General Economics, Econometrics and Finance

General Economics, Econometrics and FinanceEconomics, Econometrics and Finance