An Analysis of the Economic Effects of Trade Facilitation in the Construction of Belt and Road: A Simulation Study Based on GTAP Model
- DOI
- 10.2991/978-94-6463-016-9_57How to use a DOI?
- Keywords
- Tariff reciprocity; Trade facilitation; Economic effects; GTAP model
- Abstract
In recent years, “Belt and Road” has become a hot spot in international trade because of its large number of participating countries and extensive regional coverage. Firstly, 4 first-class indicators and 26 s-class indicators are set up to study the constraints of trade facilitation and the proportion of each factor in the countries along the “Belt and Road” based on principal component analysis. Secondly, GTAP model is used to simulate the trade and economic effects of tariff reciprocity and non-tariff barriers reduction between China and the regions along the Belt and Road. Finally, according to the simulation results analysis and put forward the corresponding policy recommendations: the countries along the “Belt and Road” should focus on improving non-tariff barriers to trade; improve the business environment in countries along the “Belt and Road” and promote free trade; promote industrial complementarity among the countries along the belt and road and tap the potential of trade cooperation.
- 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.
Cite this article
TY - CONF AU - Fan Zhang PY - 2022 DA - 2022/12/07 TI - An Analysis of the Economic Effects of Trade Facilitation in the Construction of Belt and Road: A Simulation Study Based on GTAP Model BT - Proceedings of the 2022 2nd International Conference on Public Management and Intelligent Society (PMIS 2022) PB - Atlantis Press SP - 554 EP - 561 SN - 2589-4900 UR - https://doi.org/10.2991/978-94-6463-016-9_57 DO - 10.2991/978-94-6463-016-9_57 ID - Zhang2022 ER -