Study on the Impact of Regional Comprehensive Economic and Trade Partnership Agreement on Gansu's Export Trade

DOI: https://doi.org/10.62517/jel.202514402

Author(s)

Shuyuan Zhao*

Affiliation(s)

Department of Econamy, Northwest Normal University, Lanzhou, Gansu, China *Corresponding Author

Abstract

The signing of Regional Comprehensive Economic and Trade Partnership Agreementone (RCEP) will bring profound influence one to the "one belt, one road" Gansu province. Under this background, this paper studies the impact of RCEP on Gansu's export trade. Under this background, this paper studies the impact of RCEP on Gansu's export trade. Firstly, this paper analyzes the development status and characteristics of export trade in Gansu Province. Secondly, it analyzes the trade creation mechanism and trade transfer mechanism of RCEP to promote the development of export trade in Gansu Province. Thirdly, through the multiple regression model, this paper empirically studies the impact of RCEP on Gansu's export trade.It is considered that after the establishment of RCEP, the decline of tariff rate of regional members and the shortening of import customs clearance time can significantly promote Gansu's export trade. Finally, it puts forward countermeasures and suggestions to promote the export trade of Gansu.

Keywords

Regional Comprehensive Economic Partnership (RCEP); Export Trade; Multiple Linear Regression Analysis; Trade Creating Effect; Trade Diversion Effect

References

[1]Du Qianyi, Guo Qing. A study on the medium- and long-term impact of RCEP entry into force on global economy and trade. Asia-Pacific Economy, 2021(01): 65-74. [2]Han Jian, Yang Kai, Zou Rui Rui. Study on the Utilization of RCEP Rules of Origin under the Free Trade Area Enhancement Strategy. International Trade, 2021(03):66-73. [3]Han Jian, Zheng Hang. The trade effect of free trade zone strategy under the perspective of RCEP--an empirical analysis based on the Yangtze River Delta region. Journal of Suzhou University, 2021(03): 23-31. [4]Huang Jiaxing, Shi Wei. Development and impact of e-commerce rules of the Regional Comprehensive Economic and Trade Partnership Agreement. Lanzhou Journal, 2021(05):68-81. [5]JIANG Xiaorong, YANG Yongchun, WANG Shenglan. Analysis of the evolution of export trade pattern and its influencing factors along the "Belt and Road" in Gansu Province. World Geography Research, 2020(05):1029-1039. [6]Pan Xiaoming. RCEP and the Future of Asia-Pacific Economic Integration. International Studies, 2021(05):108-117. [7]Shi Jinfang, Zhao Xueding. Research on the Impact of RCEP Tariff Concessions on China-Japan-South Korea Economic and Trade Relations. Research on Financial Issues, 2021(12):1-12. [8]Schuman. Analysis of the trade effects of regional economic integration in the United States. Economic Research, 2011(06): 1002-4034. [9]Song Zhiyong, Zhu Sijiao. Study on the Impact of RCEP Signing on East Asian Regional Economic Cooperation and Countermeasures in the Post-Epidemic Era. International Trade, 2021(05):71-79+89. [10]Tian Yunhua, Zhou Yanping, Cai Mengjun, HUANG Xiaohao.Evaluation of the open rules system of RCEP: Progress and gaps based on CPTPP. International Trade, 2021(06):65-72. [11]Wang Jun, Wang Qingsong. Exploring the trade efficiency and potential between China and RCEP partner countries--Measurement based on the SFA model. Journal of Soochow University, 2021(03):111-123. [12]Wang Wuqing. Research on the level of industrial development of RCEP member countries. Asia-Pacific Economy, 2021(03): 1000-6052. [13]Xiao Wanjun, Xian Guoming. The Development of RCEP: The Game of Interests and China's Strategic Choice. International Economic Cooperation, 2020(02):12-25. [14]Xu Yujie, Liu Shuguang, Wang Jiayi. Research on the impact of RCEP entry into force on macroeconomic and manufacturing development - based on GTAP model analysis method. Exploration of Economic Issues, 2021(11):45-57. [15]Yu Peng, Liao Xianglin, Du Guochen. Comparative Study and Policy Recommendations on RCEP and CPTPP. International Trade, 2021(08): 27-36. [16]Yuan Bo, Wang Rui. A few thoughts on China's current promotion of RCEP negotiations. International Trade, 2014(01): 53-56. [17]Jun Zhang, Jin-Yong Zhan. A study on the differences in economic effects of CPTPP and RCEP on major Asia-Pacific economies--a comparative analysis based on the GTAP model. Asia-Pacific Economy, 2018(03): 12-20. [18]Zhou Lingling, Zhang Keyu. The impact of RCEP establishment on China's regional manufacturing industry under the perspective of double cycle. Exploration of Economic Issues, 2021(10): 74-83. [19]Zhou Shudong, Zheng Jian. Trade efficiency and influencing factors between China and RCEP partner countries--an empirical analysis based on stochastic frontier gravity model. Exploration of Economic Issues, 2018(07):89-97. [20]Zhou Xiaojian, Song Siyuan. RCEP stimulates new momentum of economic growth in Asia. International Trade, 2016(09): 66-68. [21]Zhu Tingjun, Li Song'an, Liu Zipeng. Analysis of trade potential between Gansu Province and countries along the "Belt and Road". Development Research, 2021(02): 93-100. [22]Zhu Caihua. Status quo and countermeasures of China's participation in regional economic cooperation. International Economic Cooperation, 2016(03): 10-15. [23]Liu Y. RCEP Intellectual Property Text Model Negotiation Progression and Its Selection. International Economic and Trade Exploration, 2018(04): 89-103.