Research on Infrastructure’s Impact on International Trade
CHENG Chuan-chao1 and FENG Qi-yun2 (1.Shandong Provincial Committee Party School of CPC,Jinan,Shandong250103,China;2.Shandong Normal University,
Jinan,Shandong250014,China)
Abstract:In the past 40 years of reform and opening up,China has made remarkable achievements in infrastructure construction,such as highway,railway(high- speed railway),aviation,port,communication and so on,which has a great impact on the development of international trade. It is of great significance for China to clarify the internal correlation mechanism between infrastructure and international trade in a quantitative way so as to coordinate infrastructure construction,optimize the structure of foreign trade and further promote the transformation of foreign trade. Through meta- analysis method,the authors synthetically analyze the relevant research literature to quantify the impact of infrastructure on international trade. By setting the significance of the infrastructure to the international trade effect as the dependent variable,the authors examine the impact of infrastructure on international trade by means of estimates obtained from 64 primary studies that yield 594 infrastructure elasticities of international trade,and examine the impact of regulatory variables on empirical results from nine levels:the sample characteristics,research methods,international trade measurement method,measurement method,level of regional economic development,sample structure,model description,nature of publication,and literature weight. The results show that the relationship between infrastructure and international trade is different because of the intervention of regulatory variables. When the literature test model adopts instrumental variable method,export measurement trade level,land infrastructure,developed economy level,and excluding exchange rate,it is beneficial to the result that "infrastructure has a significant or significant positive impact on international trade". To better give play to the fundamental role of infrastructure in promoting international trade development,on one hand,we should accelerate the construction of infrastructure,establish the advanced infrastructure network connecting with world infrastructure network;on the other hand,we should establish the efficient infrastructure investment system and operation mechanism that is lead by the government,adjusted by the market,and operated by enterprises, improve the efficient of investment and building,and reduce the cost of infrastructure construction.
Key words:infrastructure;international trade;Meta regression analysis;publication bias test
doi:10.14089/j.cnki.cn11-3664/f.2019.03.009引用格式:朱福林,赵绍全.中美贸易摩擦与我国贸易强国建设[J].中国流通经济,2019(3):82-90.