A Study on the Measurement of the Development Level of Urban Exhibition Industry in China and the Driving Effect Towards International Trade in Goods

Abstract

The exhibition industry is one of the fastest growing sectors in China. At present, the evaluation methods and measurement process of the competitiveness of the urban exhibition industry in the domestic academic circles are still blank. This paper will use the Principal Component Analysis (PCA) method to establish the evaluation index system which measures the development level of urban exhibition industry. The exhibition industry is inseparable from the commodity trade. Based on the theory of international trade in goods, this thesis establishes an OLS regression model to analyze the relationship between the two empirically. The results of this study show that the development level of the urban exhibition industry plays a significant role in promoting international trade in goods, and the role of promoting imports are greater than exports. To further strengthen the promotion of the exhibition industry to the international trade of goods, the paper puts forward corresponding reasonable countermeasures and effective suggestions.