Abstract
In the post-epidemic era, cross-border e-commerce has become a new growth point for global foreign trade. Unlike traditional trade, which is dominated by marine transport, cross-border e-commerce transactions have high requirements for both marine and land transport, and the scale of their trade is accordingly limited by the level of trade facilitation i.e., the convenience of cross-border logistics in bilateral trading countries. Based on transaction cost theory, this article takes cross-border e-commerce transactions between China and countries along “The Belt and Road” as the core of the study. From the perspective of marine and land transport timeliness, the theoretical framework is constructed using the marine and land logistics infrastructure, customs clearance environment, government–governance environment, and cross-border logistics services as the main influencing paths; the GMM method is then applied in order to conduct a study on the impact of trade facilitation on the scale effect of cross-border e-commerce. The study finds that marine and land transport infrastructure has the strongest impact, with customs clearance environment and government–governance environment having the second strongest and comparable impact. The findings of the study further clarify the differences in the application of different cross-border logistics facilitation measures, and provide a theoretical basis for improving the timeliness of cross-border e-commerce transactions and reducing trade costs as well as a reference for the realization of land–sea integration and land–sea interconnection under “The Belt and Road” initiative.
Highlights
The current global multi-billion-level consumer market tends to be e-commerce
Based on the four transmission paths under transaction costs, this paper constructs a conceptual model of the impact of trade facilitation environmental factors on the scale of cross-border e-commerce transactions represented by infrastructure, customs clearance environment, government–governance capabilities, and cross-border log8isotfic1s6 services, and intends to introduce the interaction terms between government–governance capabilities and customs clearance environment into the model in order to verify the possible differences in the impact of different trade facilitation measures on the scale of cproossssi-bbloerddeifrfeer-ecnocmems ienrctehetriamnspaaccttioonfsd(isfefeerFeingtutrread2e). facilitation measures on the scale of cross-border e-commerce transactions
This article selects the number of postal international express orders (PIE), cross-border Internet payments (CBP), per capita GDP of trading partner countries (GDPE), broadband Internet users (ITP), etc., (Source of data for control variables: World Bank Database) as control variables in order to carry out empirical verification and analysis
Summary
The current global multi-billion-level consumer market tends to be e-commerce. At the same time, “The Belt and Road” initiative put forward by the Chinese government has deepened the integration of countries along the route with China’s ocean economy, and has promoted cross-border e-commerce to become a new driving force for global trade growth. In cross-border e-commerce, due to the small transaction volume of a single order and the higher requirements of the consignee on with respect to the timeliness of transportation, marine–land transportation is the mainstay for ensuring that goods can be delivered to customers on time To this end, some companies rely on border ports and cross-border logistics channels to set up border warehouses, or set. Water 2021, 13, 3567 non-tariff barriers in the future and a more severe export trade situation; coupled with the secondary impact of the epidemic, this results in downward pressure on traditional trade transactions and many negative factors overlapping [1] At this time, the flexibility and convenience of cross-border e-commerce online transactions highlight the advantages of the future may usher in a new round of opportunities and challenges. We use panel data to examine the differences in the impact of trade facilitation measures on cross-border e-commerce transactions in terms of infrastructure, customs clearance environment, government–governance capacity, and cross-border logistics services on the scale of cross-border e-commerce transactions in the countries along the “Belt and Road”
Sign-in/Register to view highlights & summary 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 callDisclaimer: 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.
