China Business and Market

Research on Infrastruc­ture’s Impact on Internatio­nal Trade

- CHENG Chuan-chao and FENG Qi-yun

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.

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