An Empirical Study on the Impact of Trade Facilitation on Chinese Exports to South American Countries: The Case of Commodities and Electronic Products

Luan, Xinru, Kim, Jungsuk, Tan, Sook Rei, and Wood, Jacob (2023) An Empirical Study on the Impact of Trade Facilitation on Chinese Exports to South American Countries: The Case of Commodities and Electronic Products. In: Innovation-driven business and sustainability in the tropics: Proceedings of the Sustainability, Economics, Innovation, Globalisation and Organisational Psychology Conference 2023. pp. 29-52. From: SEIGOP 2023: Sustainability, Economics, Innovation, Globalisation and Organisational Psychology Conference, 1-3 March 2023, Singapore.

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Abstract

After the significant reduction in tariffs, trade flows are more influenced by other factors, one of which is trade facilitation, and it has been increasingly researched and mentioned. This study attempts to assess the impact of South American countries’ logistics performance on exports of Chinese products. We use the Logistics Performance Index, tariffs, and FTA signature as comprehensive indicators to reveal the level of trade facilitation. To investigate the impact, the gravity model with Feasible Generalized Least Square was conducted. We found that LPI has a positive correlation with China’s exports in relation to all commodity trade and E-products at 2-digit HS code level. However, tariffs and signing agreements have mixed effects. For E-products at 4-digit HS code level, LPI has no significant impact on trade, while signing an FTA can lead to a significant decrease in the export of China.

Item ID: 80017
Item Type: Conference Item (Research - E1)
ISBN: 978-981-99-2908-5
Copyright Information: © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2023.
Date Deposited: 24 Aug 2023 01:22
FoR Codes: 38 ECONOMICS > 3801 Applied economics > 380110 International economics @ 100%
SEO Codes: 15 ECONOMIC FRAMEWORK > 1501 International trade policy > 150103 Trade policy @ 100%
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