Do China's wind energy products have potentials for trade with the “Belt and Road” countries? -- A gravity model approach

Leng, Zhihui; Shuai, Jing; Sun, Han; Shi, Zheming; Wang, Zihan

doi:10.1016/j.enpol.2019.111172

Cited by 45 publications

(27 citation statements)

References 18 publications

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“…whereas the reporting country's population and distance have significant negative effects on trade. Their findings are similar to those of Jing et al (2020), Leng et al (2020), and Nasrullah et al (2020).…”

Section: H1supporting

confidence: 85%

Is Trade in COVID-19 Products in ASEAN Economies a Building or Stumbling Block?

Uttama

2021

Journal of Economic Integration

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Stumbling blocks to regional integration continue to pose a serious threat to the World Trade Organization (WTO), particularly during the COVID-19 pandemic. This study aims to examine the effect of regional economic integration on trade in COVID-19 products for Association of Southeast Asian Nations (ASEAN) countries using quarterly data for 2010-2020. A panel data model is estimated using the Poisson pseudo-maximum likelihood approach to address zero trade values, cross-sectional dependence, and heterogeneity problems. The findings of a case study on bilateral trade in COVID-19 products reveal that the ASEAN regional trade agreement is a stumbling block to the WTO's rules-based multilateral trading system. The results indicate that the home country's productive capacity, the host country's absorptive capacity, the countries' similarity in size and per capita income, and the countries' remoteness have positive and significant relationships with trade in COVID-19 products in ASEAN economies. This study provides several policy implications for Southeast Asian countries.

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Section: H1supporting

confidence: 85%

Is Trade in COVID-19 Products in ASEAN Economies a Building or Stumbling Block?

Uttama

2021

Journal of Economic Integration

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“…Zhang et al [38] found positive impacts of trade facilitation on China's forest product exports to 13 B&R countries using transnational panel data from 2007 to 2016. Leng et al [39] reported that China's wind energy product trade with the B&R countries has grown rapidly. Shahriar et al [40] applied a commodity-specific gravity model to study China's meat exports to 31 trading partners from 1997 to 2016 and found a positive impact of the BRI on China's exports.…”

Section: Configuration Of An Extended Gravity Model For Clothing Tradmentioning

confidence: 99%

The United States’ Clothing Imports from Asian Countries along the Belt and Road: An Extended Gravity Trade Model with Application of Artificial Neural Network

Chan

Yip

et al. 2020

Sustainability

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In 2013, China announced the Belt and Road Initiative (BRI), which aims to promote the connectivity of Asia, Europe, and Africa and deepen mutually beneficial economic cooperation among member countries. Past studies have reported a positive impact of the BRI on trade between China and its partner countries along the Belt and Road (B&R). However, less is known about its effect on the sectoral trade between the B&R countries and countries that show little support of the BRI. To address that gap, this study examines the changing patterns of clothing imports by the United States (US) from China and 14 B&R countries in Asia. An extended gravity model with a policy variable BRI is built to explain bilateral clothing trade flow. A panel regression model and artificial neural network (ANN) are developed based on the data collected from 1998 to 2018 and applied to predict the trade pattern of 2019. The results show a positive effect of the BRI on the clothing exports of some Asian developing countries along the B&R to the US and demonstrate the superior predictive power of the ANN. More research is needed to examine the balance between economic growth and the social and environmental sustainability of developing countries and to apply more advanced machine learning algorithms to examine global trade flow under the BRI.

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“…With respect to economic growth, Tham and Kam (2014) argued that it is more appropriate to use the GDP per capita than GDP as it is well-proxied for the purchasing power of consumers and the prosperity of the economy. Other determinants are bilateral exchange rate fluctuations (Kahouli & Omri, 2017;Narayan & Nguyen, 2016), landlockedness (Kahouli & Omri, 2017;Leng et al, 2020), and logistics performance and capacity (Gani, 2017;Martí et al, 2014;Martí & Puertas, 2017). In addition, recent studies of Kahouli and Maktouf (2015), Kahouli (2016), Kahouli andOmri (2017), andTham et al (2018) have indicated the impact of exporter-importer income difference and economic similarity on bilateral trade.…”

Section: What Is Trade Gravity Model?mentioning

confidence: 99%

Globalisation, Logistics and Food Supply: Evidence from Vietnam

2021

MJES

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Most countries satisfy domestic food consumption by importing from foreign supplies, thus highlighting the role of agricultural exports in maintaining and diversifying the global food supply. In the age of globalisation, whether the flourishing number of regional trade agreements (RTAs) has been facilitating greater market access of agricultural and food products is questioned by national governments. Meanwhile, logistics performance has been the bottleneck of emerging economies, which exerts negative impacts on agricultural export competitiveness in foreign markets. Overall, the interlink between globalisation, logistics and food supply has not been addressed adequately. Therefore, this paper employs the trade gravity model to examine the relationship between agricultural exports, RTAs membership, and logistics performance in the case of Vietnam and her 97 major trading partners. Static and dynamic panel data estimation are employed with the methods applied to solving the zero trade and endogeneity concerns. Findings confirm the interlink between globalisation, logistics and food supply. RTAs-based globalisation and logistics policies are intertwined to secure and diversify import-driven food supply. The unified framework for long-term and sustainable development which aims at strengthening the interlink between globalisation, logistics, agriculture and global food supply should be considered in policy formulation.

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Do China's wind energy products have potentials for trade with the “Belt and Road” countries? -- A gravity model approach

Cited by 45 publications

References 18 publications

Is Trade in COVID-19 Products in ASEAN Economies a Building or Stumbling Block?

Is Trade in COVID-19 Products in ASEAN Economies a Building or Stumbling Block?

The United States’ Clothing Imports from Asian Countries along the Belt and Road: An Extended Gravity Trade Model with Application of Artificial Neural Network

Globalisation, Logistics and Food Supply: Evidence from Vietnam

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