Digital Economy, China International Trade Potential, Industries of BRI countries: Evidence from Stochastic Frontier Gravity Model

Keqi Chu
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Abstract

The article investigates the impact of digital trade on China’s trade efficiency, trade potential, and the possible influence factors of China to BRI nations under stochastic frontier gravity methodology framework. In this article, it follows previous studies and employ stochastic frontier gravity model to explore possible influence of digital trade and trade barriers on China’s foreign trade potential at country-level. It evaluates the influence factor of China export potential to BRI countries via the aspect of digital commerce. Moreover, this article enriches the BRI literatures by employing stochastics frontier gravity model to examine the impact of digital trade on China trade potential and trade efficiency to BRI countries. The results of the study support the important role of BRI in facilitating digital trade among BRI countries and China. In addition to revealing the factors affecting digital trade (e.g., GDP and distance, bordering issue), the results highlight the importance of considering non-efficiency factors, in our case, the negative impact of digital trade restrictions on trade efficiency. The findings may provide some insight for policy makers (in China and BRI countries) into loosening the digital trade restrictions and improve trade efficacy along the BRI.
数字经济、中国国际贸易潜力、金砖国家的产业:随机前沿引力模型的证据
文章在随机前沿引力法框架下,研究了数字贸易对中国贸易效率、贸易潜力的影响,以及中国对金砖国家可能的影响因素。本文借鉴前人研究,采用随机前沿引力模型,从国家层面探讨数字贸易和贸易壁垒对中国外贸潜力的可能影响。文章从数字贸易的角度评估了中国对金砖四国出口潜力的影响因素。此外,本文还采用随机前沿引力模型研究了数字贸易对中国对金砖四国的贸易潜力和贸易效率的影响,丰富了金砖四国的相关文献。研究结果支持了金砖四国在促进金砖四国与中国之间数字贸易中的重要作用。除了揭示影响数字贸易的因素(如 GDP 和距离、接壤问题),研究结果还强调了考虑非效率因素的重要性,在我们的案例中,数字贸易限制对贸易效率的负面影响。研究结果可为(中国和金砖国家的)政策制定者提供一些启示,帮助他们放松数字贸易限制,提高金砖沿线的贸易效率。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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