An Empirical Analysis of the Influence of Confucius Institute on the Trade Facilitation of the Countries Along the “Belt and Road”
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An Empirical Analysis of the Influence of Confucius Institute on the Trade Facilitation of the Countries Along the “Belt and Road”
JIANG Hui1,ZHANG Zhi-xing2
1.Business School, Ludong University, Yantai 264000, China; 2.College of International Economics and Trade, Henan University of Economics and Law, Zhengzhou 450046,China;
Abstract Adopting two measures of trade facilitation indicators and differential GMM and system GMM, this paper examines the impact of Confucius Institutes on the trade facilitation of countries along the Belt and Road. The findings are as follows: First, Confucius Institutes can reduce the negative impact of geographical or cultural distance between the two countries and enhance trade facilitation in countries along the Belt and Road. Second, the Confucius Institute can promote trade facilitation by affecting China’s foreign trade with and direct investment in countries along the Belt and Road. Third, there are obvious regional differences in the impetus of Confucius Institutes in trade facilitation of countries along the Belt and Road. Therefore, China should put emphasis on strengthening bilateral cultural exchanges with the countries along the “Belt and Road” and on promoting national trade facilitation along the “Belt and Road” through the Confucius Institute.
JIANG Hui,ZHANG Zhi-Cheng. An Empirical Analysis of the Influence of Confucius Institute on the Trade Facilitation of the Countries Along the “Belt and Road”. Economic Survey, 2018, 35(6): 066.
2018, Vol. 35 
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