Analysis of Sino-Russia-Magnolia Trade Cooperation Potential: Based on the Perspective of Trade Gravity Model

DOI

10.2991/mmetss-16.2017.47How to use a DOI?

Keywords

Sino-Russia-Magnolia,Trade Gravity Model,Trade Potential

Abstract

This paper sets the three bilateral trade flows (1999-2014) as the basis of analysis and adds trade system arrangement policy variable within the classical trade gravity model. It also constructs the panel data model of three bilateral trade between China,Russia and Mongolia. The empirical results show that (1) China and Russia bilateral trade increase apparently; China and Mongolia have a coordinated growth of bilateral trade; Russia and Mongolia maintain an uneven development of bilateral trade. (2) The three bilateral trade flows are largely driven by economies of scale, the relative distance and trade relationship. (3) Sino-Russia and Sino-Mongolia's bilateral trade belong to trade potential pioneering type and there is still a transaction gap which should be dug deeply. Russia-Mongolia's trade is close to the huge potential type, especially the Mongolia exports to Russia.

Copyright

© 2017, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Qian Shen
PY  - 2017/02
DA  - 2017/02
TI  - Analysis of Sino-Russia-Magnolia Trade Cooperation Potential: Based on the Perspective of Trade Gravity Model
BT  - Proceedings of the 2016 International Conference on Modern Management, Education Technology, and Social Science (MMETSS 2016)
PB  - Atlantis Press
SN  - 2352-5398
UR  - https://doi.org/10.2991/mmetss-16.2017.47
DO  - 10.2991/mmetss-16.2017.47
ID  - Shen2017/02
ER  -