Based on the trade data of digitizable products exported by China to the 65 ‘Belt and Road’ countries from 1998 to 2018, this study adopts the extended trade gravity model to analyze the impact of ICT on the country's exports of these products. The empirical results show that ICT has a significant and positive effect on the development of trade of digitizable products and it also promotes China's exports by lowering trade costs and accelerating innovation. The paper provides new evidence on information and technology's impact and influential mechanisms with regard to new trade patterns.
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Based on the trade data of digitizable products exported by China to the 65 ‘Belt and Road’ countries from 1998 to 2018, this study adopts the extended trade gravity model to analyze the impact of ICT on the country's exports of these products. The empirical results show that ICT has a significant and positive effect on the development of trade of digitizable products and it also promotes China's exports by lowering trade costs and accelerating innovation. The paper provides new evidence on information and technology's impact and influential mechanisms with regard to new trade patterns.
Click here for more content.
