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Web of Proceedings - Francis Academic Press
Web of Proceedings - Francis Academic Press

Research on the Impact of Trade Facilitation on Service Trade Export

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DOI: 10.25236/emcs.2018.092

Author(s)

Jiayu Song

Corresponding Author

Jiayu Song

Abstract

The paper uses the 2010-2016 “One Belt One Road” countries trade-related panel data to compare the trade facilitation level of the “One Belt One Road” countries through the establishment of a trade facilitation level system. And this paper analyzes the influence that trade facilitation had on Chinese Steel Products commerce as per the extended gravity model. The results show that:(1) The level of trade facilitation is an important factor affecting the export of service trade; among them, the influence of institutional environment on export volume takes the first place; (2) The improvement of trade facilitation will bring huge growth of trade space along the “Belt and Road” countries. Southeast Asia has the largest export potential; (3) Cooperation and innovation in trade facilitation in the “Belt and Road” construction, and promote the development of global trade and economy in a more open, inclusive, inclusive, balanced and win-win direction. Has a long-term significance.

Keywords

Trade facilitation, “One Belt One Road”, Service trade export, Gravity model, Trade potential