Country risk and international trade: evidence from the China-B&R countries

被引：19
|
作者：
Wang, Zhengwen [1 ]
Zong, Yunxiao [1 ]
Dan, Yuwan [1 ]
Jiang, Shi-Jie [2 ]
机构：
[1] Wuhan Univ, Dept Insurance & Actuarial Sci, Wuhan, Hubei, Peoples R China
[2] Guangzhou Univ, Guangzhou Higher Educ Mega Ctr, Sch Math & Informat Sci, Guangzhou 510006, Peoples R China
来源：
APPLIED ECONOMICS LETTERS | 2021年 / 28卷 / 20期
基金：
中国国家自然科学基金;
关键词：
Country risk; international trade; B& R initiative; time-varying stochastic frontier gravity model;
D O I：
10.1080/13504851.2020.1854433
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study conducts a time-varying stochastic frontier gravity model to explore the interactions between country risk and foreign trade for the Belt and Road countries. By using the data of bilateral trades between 134 countries and China during 2003-2018, empirical results show that reduction of country risk will increase the bilateral trades between China and these countries. Based on these findings, the implementation of the Belt and Road initiative may effectively hedge the country risk of the trade partners and promotes their bilateral trades with China.
引用
收藏
页码：1784 / 1788
页数：5
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