The Impact of the U.S. Election on China and America

DOI

10.2991/assehr.k.210407.143How to use a DOI?

Keywords

time series, SEIR model, trade gravity model, grey forecast

Abstract

In the context of the US general election, the election results will have a great impact on the economy, politics, culture and environment of the United States and the world. In view of the problems of the American general election, this paper studies the impact of the different results of the US general election on the United States and China, and establishes the impact model of the American general election. Analyzing the impact of the election results on the United States, this paper first analyzes the economic conditions of the presidents of the United States during their political periods. It is found that the economic conditions of the Democratic Party and the Republican Party are very different during the ruling period. Therefore, this paper assumes that the influence of the president on the United States is largely determined by the political party to which he belongs. Furthermore, this paper analyzes the debt, GDP, employment and unemployment rate of different election results in time series, and concludes the specific impact of different election results on the economy. In addition, considering the different attitudes of trump and Biden on the new crown epidemic, this paper also established a SEIR model based on biology to simulate the epidemic development in the United States under different election results. Analyzing the impact of the U.S. election results on China, this paper first considers the impact of the US Democratic Party and Republican Party on China’s economy, and then takes into account the foreign trade policy positions of trump and Biden, establishes the trade gravity model and grey prediction model to predict and analyze China inflation, trade, foreign investment, etc. and finally obtains the US election conclusion: The specific impact of the results on China economy. Based on the above results, this paper makes relevant analysis and suggestions from three dimensions of China domestic development, China and the United States, and China and the world. Finally, the paper puts forward some reasonable suggestions, such as mobilizing domestic dual circulation, alerting Sino US relations and integrating into the world economy.

Copyright

© 2021, 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  - Guanghui Wu
PY  - 2021
DA  - 2021/04/08
TI  - The Impact of the U.S. Election on China and America
BT  - Proceedings of the 2021 6th International Conference on Social Sciences and Economic Development (ICSSED 2021)
PB  - Atlantis Press
SP  - 749
EP  - 758
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.210407.143
DO  - 10.2991/assehr.k.210407.143
ID  - Wu2021
ER  -