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Titel |
The asymmetric impact of natural disasters on China's bilateral trade |
VerfasserIn |
Y. Meng, S. Yang, P. Shi, C. C. Jeager |
Medientyp |
Artikel
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Sprache |
Englisch
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ISSN |
1561-8633
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Digitales Dokument |
URL |
Erschienen |
In: Natural Hazards and Earth System Sciences ; 15, no. 10 ; Nr. 15, no. 10 (2015-10-09), S.2273-2281 |
Datensatznummer |
250119717
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Publikation (Nr.) |
copernicus.org/nhess-15-2273-2015.pdf |
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Zusammenfassung |
Globalization and technological revolutions are making the world more
interconnected. International trade is an important approach linking the
world. Since the 2011 Tohoku earthquake and tsunami in Japan shocked the
global supply chain, more attention has been paid to the global impact of
large-scale disasters. China is the second largest trader in the world and
faces frequent natural disasters. Therefore, this study proposes a gravity
model for China's bilateral trade tailored to national circumstances and
estimates the impact of natural disasters in China and trading partner
countries on Chinese imports and exports. We analyzed Chinese and trading
partner statistical data from 1980 to 2012. Study results show the following: (1)
China's natural disasters have a positive impact on exports but have no
significant impact on imports; (2) trading partner countries' natural
disasters reduce Chinese imports and exports; (3) both development level and
land area of the partners are important in determining the intensity of
natural disaster impacts on China's bilateral trade. The above findings
suggest that the impact of natural disasters on trade is asymmetric and
significantly affected by other factors, which demand further study. |
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