Factors Affecting the Cost of Service Trade: Empirical Evidence from China and the European Union

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dc.contributor.authorChen, Ji
dc.contributor.authorFang, Qiang
dc.contributor.authorLiu, Si
dc.contributor.authorBalezentis, Tomas
dc.contributor.authorZhang, Chonghui
dc.contributor.otherEkonomická fakultacs
dc.date.accessioned2020-04-06T13:38:23Z
dc.date.available2020-04-06T13:38:23Z
dc.description.abstractThis study examines the factors affecting the cost of service trade between China and the countries of the EU. The costs between China and EU member states from 2005 to 2017 are measured using the improved gravity model. On the basis of relevant theories, the influencing factors system of service trade cost is constructed, and a dynamic panel model is used to conduct empirical analysis. The empirical results can be summarized into four aspects. First, the costs of service trade between China and EU member states has shown a general trend of gradual decline and there is still room for further decline. Second, the costs of trade in services between China and developed EU countries are lower, while those between China and undeveloped EU countries are higher. Third, service restriction, economic development levels and infrastructure have a greater impact on the cost of bilateral trade in services. Lastly, there are differences in influencing factors of service trade cost among countries with different levels of economic development.en
dc.formattext
dc.identifier.doi10.15240/tul/001/2020-1-002
dc.identifier.eissn2336-5604
dc.identifier.issn1212-3609
dc.identifier.urihttps://dspace.tul.cz/handle/15240/154698
dc.language.isoen
dc.publisherTechnická Univerzita v Libercics
dc.publisherTechnical university of Liberec, Czech Republicen
dc.publisher.abbreviationTUL
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dc.relation.ispartofEkonomie a Managementcs
dc.relation.ispartofEconomics and Managementen
dc.relation.isrefereedtrue
dc.rightsCC BY-NC
dc.subjectservice tradeen
dc.subjecttrade costen
dc.subjectinfluencing factorsen
dc.subjectpanel dataen
dc.subject.classificationC33
dc.subject.classificationF1
dc.subject.classificationL8
dc.titleFactors Affecting the Cost of Service Trade: Empirical Evidence from China and the European Unionen
dc.typeArticleen
local.accessopen
local.citation.epage33
local.citation.spage19
local.facultyFaculty of Economics
local.filenameEM_1_2020_02
local.fulltextyes
local.relation.abbreviationE+Mcs
local.relation.abbreviationE&Men
local.relation.issue1
local.relation.volume23
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