Research on China-Kazakhstan Trade under “The Belt and Road Initiative”—Based on the Perspective of Factor Endowment Theory
- https://doi.org/10.2991/msie-19.2020.56How to use a DOI?
- “The Belt and Road Initiative”, Trade structure, Factor endowment theory, RCA.
Kazakhstan has been kept an important political and economic cooperative partnership with China in Central Asia. Kazakhstan’s new economic policy "Bright Road “highly agrees with the "the Belt and Road Initiative" advocated by China in 2013. In recent years, the bilateral economic and trade cooperation between China and Kazakhstan has been continuously developing. Based on this this paper primarily analyzes the comparative advantages of the two countries using data and regional revealed comparative advantage index (RCA). Furthermore it verifies the role of factor endowment theory in bilateral trade by analyzing the trade structure between China and Kazakhstan while at the same time comparing the differences between import and export product categories of the two countries. Finally this paper figures out the problems in the trade between China and Kazakhstan under the RCA and puts forward some applicable suggestions and specific measures.
- © 2020, 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/).
Cite this article
TY - CONF AU - Xinying Liu AU - Yongni Chen AU - Xiaohui Wang PY - 2020/01 DA - 2020/01 TI - Research on China-Kazakhstan Trade under “The Belt and Road Initiative”—Based on the Perspective of Factor Endowment Theory BT - Proceedings of the 2019 International Conference on Management Science and Industrial Economy (MSIE 2019) PB - Atlantis Press SP - 270 EP - 274 SN - 2352-5428 UR - https://doi.org/10.2991/msie-19.2020.56 DO - https://doi.org/10.2991/msie-19.2020.56 ID - Liu2020/01 ER -