Dan Liu, Lanxin Zhang, Hao Yang, Chun Wang

Chun Wang

28 Feb. 2023

Trade facilitation, Trade potential, Principal component analysis, Gravity model, RCEP.

This paper constructs a trade facilitation evaluation indicator system from four dimensions: port environment, customs efficiency, finance and e-commerce, and institutional environment, measures the trade facilitation level of RCEP member countries by using principal component analysis, and analyses the impact of trade facilitation level of RCEP member countries on China's export trade potential through the expanding gravitational model. The results show that the improvement of trade facilitation level can effectively stimulate China's export to RCEP members, the trade facilitation levels of import countries increase 1%, and China's export to them will increase by 6.3%. The population size of import countries also has a significant contribution to China's export potential. While the distance between the two countries and GDP of import countries are not significant.

© 2023, the Authors. Published by ISCCAC

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