Abstract
Transport infrastructure and logistics are gradually becoming important factors affecting global trade. At the same time, with the international logistics corridor along the Belt and Road Initiative (BRI) going deep into construction, China is emerging as a unique case to study how logistics affects international trade. Therefore, based on the evaluation index system of logistics development level of China’s provinces by using the entropy method, this paper systematically analyzed the impact of logistics development level on bilateral trade from 31 China’s provinces to 65 countries along the BRI by using the improved gravity model with data for the period 2008–2018. Empirical results show: (1) Logistics development level had significantly promoted international trade development. (2) Compared with partner countries, China’s provincial logistics development level presented a greater impact on bilateral trade. (3) Influence of logistics development level was manifested in different periods, different international and regions, especially, logistics development level coefficient of the western region was negative, while that in eastern region was positive. In view of the above research results, we argue that strengthening domestic and international logistics construction is not only conductive to the sustainable development of China’s future trade, but also help to realize the coordinated development between China’s eastern, central and western regions.
Highlights
In view of the above research results, we argue that strengthening domestic and international logistics construction is conductive to the sustainable development of China’s future trade, and help to realize the coordinated development between China’s eastern, central and western regions
The results show that the trade connection between China and Southeast Asian is the closest, and the trade effect of the logistics in Southeast Asian is much higher than that of other Belt and Road Initiative (BRI) regions, showing that the improvement of “software” conditions such as policy will greatly exert the trade effect of “hardware” logistics
Taking the 65 countries as the research object, this paper firstly built the index system of the provincial logistics development level of China, secondly discussed the spatial-temporal evolution pattern of the trade between China provinces and countries along the BRI, utilized the improved gravity model system to analyze the impact of the logistics development level on the bilateral trade
Summary
With the rapid advancement of economic globalization and trade liberalization, tariffs and non-tariff barriers have been significantly reduced, while transport and logistics are gradually becoming important factors affecting global trade. In 2013, China’s President Xi Jinping put forward major initiatives to jointly build the. Silk Road Economic Belt and the 21St Century Maritime Silk Road, which has attracted great attention from the international community [1]. The proposals are officially termed the Belt and Road Initiative (BRI). Since the launch of the BRI, the Chinese government has been paying special attention to the construction and investment of logistics infrastructures and introduces a series of plans such as Medium- and Long-Term Plan for the Development of the Logistics Industry (2014–2020), China-Europe Railway Express Construction Development
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