The Impact of Northern Sea Route on Sino-European Trade Potential Based on Gravity Model

DOI

10.2991/iccese-19.2019.380How to use a DOI?

Keywords

northern sea route (NSR); trade potential; Sino-European trade; gravity model; regression analysis

Abstract

The NSR navigation will have significant impacts on global maritime transport pattern and Sino-European trade. Based on the analysis of impact mechanism of NSR navigation on maritime trade, this paper establishes a gravity model and uses regression analysis to measure the trade potential between China and Europe. The assessment results show that China's trade potential to European countries has increased significantly after NSR navigation. The northern European countries are the most obvious, and the countries that have larger trade scale with China also show greater growth space, while the southern European countries do not show obvious superiority because of their geographical location.

Copyright

© 2019, 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  - Dan Liu
AU  - Haitao Wen
AU  - Feifei Guo
AU  - Chun Wang
PY  - 2019/04
DA  - 2019/04
TI  - The Impact of Northern Sea Route on Sino-European Trade Potential Based on Gravity Model
BT  - Proceedings of the 3rd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2019)
PB  - Atlantis Press
SP  - 1731
EP  - 1735
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccese-19.2019.380
DO  - 10.2991/iccese-19.2019.380
ID  - Liu2019/04
ER  -