Research on the Impact of Digital Currency on Cross-Border E-Commerce Under RCEP: Based on Entropy Method and Regression Model

DOI

10.2991/978-94-6463-010-7_19How to use a DOI?

Keywords

RCEP; Digital currency; Cross-Border E-Commerce; Entropy Method; Regression Model

Abstract

The development of digital technology has changed the socio-economic mode and spawned new forms of foreign trade such as cross-border e-commerce. As the world's largest free trade agreement, the regional comprehensive economic partnership agreement (RCEP) has made many provisions on e-commerce and cross-border e-payment, which has injected new development vitality into the application of digital currency. Digital currency has the characteristics of distributed ledger technology and real-time point-to-point payment. It can overcome the shortcomings of traditional international settlement system, such as long settlement time and high cost. Therefore, the RCEP signing opportunity can be used to build a distributed cross-border payment network of Digital currency and blockchain to further promote the development of cross-border e-commerce. Combined with the application theory of blockchain scenarios, this paper constructs a Digital currency development index system, calculates China's Digital currency development index through entropy method, and uses regression model to analyse the driving effect of Digital currency development on cross-border e-commerce between China and RCEP member states. This paper constructs the Digital currency development index system for the first time, analyses the path relationship between the development of Digital currency and cross-border e-commerce, and provides an evaluation reference system for the development of Digital currency, which is not only conducive to the research on the mechanism relationship between the development of Digital currency and cross-border e-commerce, but also conducive to promoting the innovative development of industrial digitization.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Linwei Ye
AU  - Fei Wang
PY  - 2022
DA  - 2022/12/02
TI  - Research on the Impact of Digital Currency on Cross-Border E-Commerce Under RCEP: Based on Entropy Method and Regression Model
BT  - Proceedings of the 2022 International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2022)
PB  - Atlantis Press
SP  - 170
EP  - 185
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-010-7_19
DO  - 10.2991/978-94-6463-010-7_19
ID  - Ye2022
ER  -