Evaluation of China-ASEAN trade status and trade potential: An empirical study based on a gravity model

ABSTRACT:

Objective

The objective of this study was to identify factors influencing the development of China-ASEAN trade- from the total economic volume of both sides, distance, the population size of ASEAN countries, the construction of a free trade area, and the signing of the Belt and Road initiative, resource endowment per capita, the exchange rate between RMB and ASEAN countries, and the land area of ASEAN countries—to develop a conceptual framework for China-ASEAN trade potential.

Study design

This study uses panel data from 2001 to 2021 that is evenly distributed among 10 ASEAN countries to serve as the dataset. Firstly, the unit roots are checked and the cointegration relationships are examined, focusing on the heterogeneity test. Based on the classical trade gravity model,

SUBMITTER: Zhai H 

PROVIDER: S-EPMC10473481 | biostudies-literature | 2023 Jan

REPOSITORIES: biostudies-literature