Regional resilience during a trade war: The role of global connections and local networks

IF 8.9 1区管理学 Q1 BUSINESS

Journal of World Business Pub Date : 2024-07-04 DOI:10.1016/j.jwb.2024.101567

Canfei He , Jing Li , Wenyu Wang , Peng Zhang

引用次数: 0

Abstract

Economic sanctions can adversely affect target countries. We study how regions withstand these sanctions amid the US-China trade war. Adopting a geographic relational perspective, we posit that regional resilience hinges on global connections and local networks. Analyzing nightlight data, we find that regional resilience is closely tied to the nature of global connections: cities prioritizing high-value-adding exports perform better, while those reliant on foreign firms for exports and focused on processing trade are more vulnerable. Furthermore, cities with economic development zones exhibit greater resilience to the trade war, underscoring the importance of networks within these zones in mitigating adverse effects.

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贸易战期间的地区复原力：全球联系和地方网络的作用

经济制裁会对目标国家产生不利影响。我们研究了在中美贸易战中，各地区如何抵御这些制裁。我们从地理关系的角度出发，认为地区复原力取决于全球联系和地方网络。通过分析夜光数据，我们发现地区复原力与全球联系的性质密切相关：优先发展高附加值出口的城市表现更好，而那些依赖外国企业出口和专注于加工贸易的城市则更脆弱。此外，拥有经济开发区的城市在贸易战中表现出更强的抵御能力，凸显了这些开发区内的网络在减轻不利影响方面的重要性。

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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来源期刊

Journal of World Business BUSINESS-

CiteScore

16.50

自引率

11.20%

发文量

期刊介绍： The Journal of World Business holds a distinguished position as a leading publication within the realm of International Business. Rooted in a legacy dating back to 1965, when it was established as the Columbia Journal of World Business, JWB is committed to disseminating cutting-edge research that reflects significant advancements in the field. The journal actively seeks submissions that propel new theoretical frameworks and innovative perspectives on International Business phenomena. Aligned with its domain statement, submissions are expected to possess a clear multinational, cross-border, or international comparative focus, while remaining pertinent to the study of management and organizations. JWB particularly encourages submissions that challenge established theories or assumptions, presenting pioneering or counterintuitive findings. With an inclusive approach, the journal welcomes contributions from diverse conceptual and theoretical traditions, encompassing allied social sciences and behavioral sciences. Submissions should either develop new theories or rigorously test existing ones, employing a variety of qualitative, quantitative, or other methodological approaches. While JWB primarily caters to scholars and researchers, it values contributions that explore implications for Multinational Enterprises and their management, as well as ramifications for public policy and the broader societal role of business.