The impact of summit visits on bilateral trade: Empirical evidence from China

Jianting Fan and Bo Lu

The World Economy, 2021, vol. 44, issue 12, 3583-3608

Abstract: The relationship between international trade and politics is very close, but we know little about the effects of summit visits on trade. This article divides summits into visits by top‐level and secondary leaders, based on manually collect and collate data; inspects the outward and inward visits between China and other countries and examines the relationship between summit visits and bilateral trade using panel data covering 163 countries from 2001 to 2014. The study finds that (1) both inward and outward visits promote exports, although the effect on imports is unclear; (2) the higher the level of the summit leaders, the greater the promotion effect (the visit effect of China's top‐level leaders is especially prominent); (3) reciprocal summit visits between China and developing countries have a greater trade promotion effect; (4) the promotion effect of China's leaders on exports has time‐leading and ‐lagging effects, and the effect of summit visits is different for different categories of export products.

Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1111/twec.13191

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:worlde:v:44:y:2021:i:12:p:3583-3608

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0378-5920

Access Statistics for this article

The World Economy is currently edited by David Greenaway

More articles in The World Economy from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().