The Impact of Trade Facilitation on Cross-Border E-Commerce Transactions: Analysis Based on the Marine and Land Cross-Border Logistical Practices between China and Countries along the “Belt and Road”
In the post-epidemic era, cross-border e-commerce has become a new growth point for global foreign trade. Unlike traditional trade, which is dominated by marine transport, cross-border e-commerce transactions have high requirements for both marine and land transport, and the scale of their trade is...
Main Authors: | , , , , |
---|---|
Format: | Article |
Language: | English |
Published: |
MDPI AG
2021-12-01
|
Series: | Water |
Subjects: | |
Online Access: | https://www.mdpi.com/2073-4441/13/24/3567 |
_version_ | 1797499820905070592 |
---|---|
author | Yingying Liang Liangliang Guo Jianlu Li Shuang Zhang Xiangyun Fei |
author_facet | Yingying Liang Liangliang Guo Jianlu Li Shuang Zhang Xiangyun Fei |
author_sort | Yingying Liang |
collection | DOAJ |
description | In the post-epidemic era, cross-border e-commerce has become a new growth point for global foreign trade. Unlike traditional trade, which is dominated by marine transport, cross-border e-commerce transactions have high requirements for both marine and land transport, and the scale of their trade is accordingly limited by the level of trade facilitation i.e., the convenience of cross-border logistics in bilateral trading countries. Based on transaction cost theory, this article takes cross-border e-commerce transactions between China and countries along “The Belt and Road” as the core of the study. From the perspective of marine and land transport timeliness, the theoretical framework is constructed using the marine and land logistics infrastructure, customs clearance environment, government–governance environment, and cross-border logistics services as the main influencing paths; the GMM method is then applied in order to conduct a study on the impact of trade facilitation on the scale effect of cross-border e-commerce. The study finds that marine and land transport infrastructure has the strongest impact, with customs clearance environment and government–governance environment having the second strongest and comparable impact. The findings of the study further clarify the differences in the application of different cross-border logistics facilitation measures, and provide a theoretical basis for improving the timeliness of cross-border e-commerce transactions and reducing trade costs as well as a reference for the realization of land–sea integration and land–sea interconnection under “The Belt and Road” initiative. |
first_indexed | 2024-03-10T03:52:56Z |
format | Article |
id | doaj.art-27a92461519a4a208aafed798ea4f40b |
institution | Directory Open Access Journal |
issn | 2073-4441 |
language | English |
last_indexed | 2024-03-10T03:52:56Z |
publishDate | 2021-12-01 |
publisher | MDPI AG |
record_format | Article |
series | Water |
spelling | doaj.art-27a92461519a4a208aafed798ea4f40b2023-11-23T11:01:08ZengMDPI AGWater2073-44412021-12-011324356710.3390/w13243567The Impact of Trade Facilitation on Cross-Border E-Commerce Transactions: Analysis Based on the Marine and Land Cross-Border Logistical Practices between China and Countries along the “Belt and Road”Yingying Liang0Liangliang Guo1Jianlu Li2Shuang Zhang3Xiangyun Fei4School of Economics and Management, Liaoning University of Technology, No. 169, Shi Ying Street, Guta District, Jinzhou 121000, ChinaSchool of Economics and Management, Liaoning University of Technology, No. 169, Shi Ying Street, Guta District, Jinzhou 121000, ChinaCollege of Business Administration Maharishi International University (MIU), 1000 N. 4th Street, Fairfield, IA 52557, USASchool of Economics and Management, Liaoning University of Technology, No. 169, Shi Ying Street, Guta District, Jinzhou 121000, ChinaSchool of Economics and Management, Liaoning University of Technology, No. 169, Shi Ying Street, Guta District, Jinzhou 121000, ChinaIn the post-epidemic era, cross-border e-commerce has become a new growth point for global foreign trade. Unlike traditional trade, which is dominated by marine transport, cross-border e-commerce transactions have high requirements for both marine and land transport, and the scale of their trade is accordingly limited by the level of trade facilitation i.e., the convenience of cross-border logistics in bilateral trading countries. Based on transaction cost theory, this article takes cross-border e-commerce transactions between China and countries along “The Belt and Road” as the core of the study. From the perspective of marine and land transport timeliness, the theoretical framework is constructed using the marine and land logistics infrastructure, customs clearance environment, government–governance environment, and cross-border logistics services as the main influencing paths; the GMM method is then applied in order to conduct a study on the impact of trade facilitation on the scale effect of cross-border e-commerce. The study finds that marine and land transport infrastructure has the strongest impact, with customs clearance environment and government–governance environment having the second strongest and comparable impact. The findings of the study further clarify the differences in the application of different cross-border logistics facilitation measures, and provide a theoretical basis for improving the timeliness of cross-border e-commerce transactions and reducing trade costs as well as a reference for the realization of land–sea integration and land–sea interconnection under “The Belt and Road” initiative.https://www.mdpi.com/2073-4441/13/24/3567cross-border logistics facilitationmarine transportcross-border e-commerceChina railway expressSYS-GMM estimation |
spellingShingle | Yingying Liang Liangliang Guo Jianlu Li Shuang Zhang Xiangyun Fei The Impact of Trade Facilitation on Cross-Border E-Commerce Transactions: Analysis Based on the Marine and Land Cross-Border Logistical Practices between China and Countries along the “Belt and Road” Water cross-border logistics facilitation marine transport cross-border e-commerce China railway express SYS-GMM estimation |
title | The Impact of Trade Facilitation on Cross-Border E-Commerce Transactions: Analysis Based on the Marine and Land Cross-Border Logistical Practices between China and Countries along the “Belt and Road” |
title_full | The Impact of Trade Facilitation on Cross-Border E-Commerce Transactions: Analysis Based on the Marine and Land Cross-Border Logistical Practices between China and Countries along the “Belt and Road” |
title_fullStr | The Impact of Trade Facilitation on Cross-Border E-Commerce Transactions: Analysis Based on the Marine and Land Cross-Border Logistical Practices between China and Countries along the “Belt and Road” |
title_full_unstemmed | The Impact of Trade Facilitation on Cross-Border E-Commerce Transactions: Analysis Based on the Marine and Land Cross-Border Logistical Practices between China and Countries along the “Belt and Road” |
title_short | The Impact of Trade Facilitation on Cross-Border E-Commerce Transactions: Analysis Based on the Marine and Land Cross-Border Logistical Practices between China and Countries along the “Belt and Road” |
title_sort | impact of trade facilitation on cross border e commerce transactions analysis based on the marine and land cross border logistical practices between china and countries along the belt and road |
topic | cross-border logistics facilitation marine transport cross-border e-commerce China railway express SYS-GMM estimation |
url | https://www.mdpi.com/2073-4441/13/24/3567 |
work_keys_str_mv | AT yingyingliang theimpactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad AT liangliangguo theimpactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad AT jianluli theimpactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad AT shuangzhang theimpactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad AT xiangyunfei theimpactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad AT yingyingliang impactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad AT liangliangguo impactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad AT jianluli impactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad AT shuangzhang impactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad AT xiangyunfei impactoftradefacilitationoncrossborderecommercetransactionsanalysisbasedonthemarineandlandcrossborderlogisticalpracticesbetweenchinaandcountriesalongthebeltandroad |