Research on the Multiple Free Trade Areas under the Background of the TPP Effect of China's Economy and the Strategy Choices

DOI

10.2991/icesem-17.2017.36How to use a DOI?

Keywords

Free Trade Area; Fixed Effects; Gravity Model; Strategic Adjustment

Abstract

This article analyzes the multiple Free Trade Areas of China in the Asia-Pacific region, compares the TPP members with China's economic situation, and selects 19 countries and regions in the Asia-Pacific region in 2000-2014 panel data of 285 samples in order to find the effects of TPP and Chinese corresponding strategies. This paper uses the extended gravity model and carries on an empirical analysis of the fixed effects. The results show that TPP excludes China, China doesn't benefit because of the existence of the TPP, which is no significant statistically, at the same time, dominated by the United States and other developed countries to promote the TPP, will make China's FTA strategies in the Asia-Pacific region suffer negative impacts from the TPP. TPP includes major developing countries in the Asia-Pacific region, is bound to lead to outside China for regional economic cooperation, to avoid adverse effects. Therefore, China should timely adjust the regional economic strategies in order to reduce the TPP on the negative effect in China, carry out the TPP talks actively, at the same time, China should accelerate the construction of FTA, RCEP, make good use of all the way "One Belt One Road" strategy, actively carry out trade cooperation along the countries, and try to establish FTAAP. First is the sample, including Asia-Pacific region as a whole; Second is the method, extended gravity model can be used to analyze better.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jin Qian
PY  - 2017/10
DA  - 2017/10
TI  - Research on the Multiple Free Trade Areas under the Background of the TPP Effect of China's Economy and the Strategy Choices
BT  - Proceedings of the 2017 International Conference on Education Science and Economic Management (ICESEM 2017)
PB  - Atlantis Press
SP  - 156
EP  - 160
SN  - 2352-5398
UR  - https://doi.org/10.2991/icesem-17.2017.36
DO  - 10.2991/icesem-17.2017.36
ID  - Qian2017/10
ER  -