The spatial effect on China's Export Trade—Based on the Empirical Analysis of Panel Data

Tian Yixiang Zhang Hua

Abstract:Based on the spatial perspective of new geography economics, this paper fully expounds the necessity of establishing spatial panel data model, and the spatial effects between China and 28 major exporting countries in the world from 1998 to 2015 are studied by introducing the economic spatial weights matrix, Analyzes the influencing factors related to China's exports, then tests the spatial dependence between China with trading partners and whether there is spillover or agglomeration effects. The results show that China's import volume to its trading partners, their political risks, degree of participation in economic integration, trade openness and per capita GDP are important factors affecting China's export trade. These findings provide useful thinkings for governments and enterprises on policy formulation of trade or regional economy.

Key words:export trade; regional economy; spatial effect