An Economic Analysis of Digital Trade Development Between China and Countries Along the Belt and Road

Shuli Song () and Xinyi Gong ()
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Shuli Song: Zhejiang International Studies University, School of International Business
Xinyi Gong: EDHEC BUSINESS SCHOOL

A chapter in Proceedings of the 2024 International Conference on Digital Economy and Marxist Economics (ICDEME 2024), 2024, pp 139-151 from Springer

Abstract: Abstract The development of digital trade between countries along the Belt and Road is an indispensable path for promoting high-quality foreign trade. This paper is based on the panel data of different types of digital trade between China and countries along the Belt and Road from 2010 to 2019. Moreover, the four distinct types of Silk Road countries are examined, and variables pertaining to the evolution of digital commerce are added to an expanded gravity model, which allows for an empirical comparison of the imbalance in the impact of digital trade exports between China and the Silk Road countries. Moreover, the findings reveal that there is a discernible gradation in the level of cooperation between China and the countries along the Silk Road, and there is a substantial structural imbalance in the number of trade exports, which may ultimately result in trade imbalance and escalate international friction in the long run.

Keywords: digital Silk Road; digital trade; gravity model; empirical analysis (search for similar items in EconPapers)
Date: 2024
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DOI: 10.2991/978-94-6463-636-9_14

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