Analysis of the Trade Potential between China and the Eight Countries in South Asia under the Background of the Belt and Road Initiative

Analysis of the Trade Potential between China and the Eight Countries in South Asia under the Background of the Belt and Road Initiative

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Author(s)

Author(s): Yuling Wang, Yuqi Sun

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DOI: 10.18483/ijSci.2054 12 48 28-38 Volume 8 - Jun 2019

Abstract

Based on the trade potential model, this paper determines the trade potential relationship between China and the eight countries in South Asia in the context of the “Belt and Road”. Firstly, the panel data analysis method is used to study the overall situation of China's trade with South Asia from 2001 to 2014. Secondly, the trade gravity model is used to estimate the trade volume between China and the eight countries in South Asia. The estimated value is compared with the actual value to calculate China and the eight countries of South Asia. Trade potential value. Finally, based on the calculated potential value, the policy recommendations in the context of the “Belt and Road” are given.

Keywords

Trading, Trade Potential, South Asia, The ”Belt And Road”

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International Journal of Sciences is Open Access Journal.
This article is licensed under a Creative Commons Attribution 4.0 International (CC BY 4.0) License.
Author(s) retain the copyrights of this article, though, publication rights are with Alkhaer Publications.

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Volume 8, June 2019


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