The Impact of Port Business on China’s Product Export ——An Empirical Research Based on the Countries along “The Belt and Road”
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Abstract The article uses the data published by the 2014 World Economic Forum’s Global Trade Promotion Report to quantitatively evaluate the port business environment of countries along the “Belt and Road” by using the cost, time, number of documents required for import, and the efficiency of customs clearance procedures and customs transparency indicators. It also uses the extended gravity model to study the impact of changes in the business environment of importing on China’s goods export at the product-national level. The results show that the improvement of port business environment in the countries along the “Belt and Road” is conducive to improving China’s export. Further heterogeneity studies find that compared with agricultural products, the optimization of port business environment has a greater role in promoting the export of industrial manufactured goods; the port business environment optimization in middle and high income countries plays a greater role in promoting China’s export than that in higher and lower income countries. The reduction of customs clearance fees, time and documents promote the export of new products in China more than the original export goods, while the improvement of efficiency and transparency plays a greater role in promoting the original export products. And the closer the country to China, the greater the impact of the business port business environment on China’s exports.
WEI Boning. The Impact of Port Business on China’s Product Export ——An Empirical Research Based on the Countries along “The Belt and Road”. Economic Survey, 2020, 37(2): 077.