Abstract

This article studies the impact of regional trade agreements (RTAs) on China's exports and imports with others in seven RTAs. Gross domestic product (GDP), population, distance, land area, and exchangerate variables are studied as determinants in the gravity model, with the introduction of additional RTA variables to capture intraregional trade, extraregional trade, and outside-region trade. Distance and land area are estimated by using constant numbers, and adjusted by GDP share or import price index. The results show that the formation and implementation of regional trade agreements have positively or negatively affected China's trade with other trading partners when they are or are not a member of an RTA.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.