Can the Digital Economy Empower China and RCEP Countries to Sustain Their Export Duration?
CHENG Xianhong1, JIANG Guogang1, ZOU Zongsen2
1. Wu Jinglian School of Economics, Changzhou University, Changzhou 213159, China; 2. School of Economics, Qufu Normal University, Rizhao 276826, China
Abstract The digital economy not only helps improve the efficiency and quality of economic operations but also strengthens the level of economic and trade cooperation between China and RCEP countries. This paper constructs a three-level indicator evaluation system for the development level of the digital economy and measures the actual level of China’s digital economic development. Using panel data from 2011 to 2021, it examines the impact of the digital economy on the export duration of China and RCEP countries. The findings are as follows: Firstly, the digital economy will significantly increase the duration of exports between China and RCEP countries; Secondly, the digital economy reduces export risk rate and prolongs export duration by reducing trade cost, improving regional innovation ability and increasing trade openness; Thirdly, for RCEP countries with different income levels, the current and previous period’s improvement in the digital economy will increase the export duration of China and low-to middle-income RCEP countries. However, its impact on high-income RCEP countries is not significant; Fourthly, the development of the digital economy will increase the export duration of China and RCEP countries for different types of products. The impact of the digital economy on the export duration of labor-intensive products is significant, while its impact on primary products is relatively small. This indicates that as the value-added of products increases, the influence of the digital economy on the export duration of China and RCEP countries gradually increases.
CHENG Xianhong,JIANG Guogang,ZOU Zongsen. Can the Digital Economy Empower China and RCEP Countries to Sustain Their Export Duration?. Economic Survey, 2024, 41(1): 083.
2024, Vol. 41 
