Diplomatic Partnership and the Signing of China's FTA
The report to the 20th National Congress of the Communist Party of China proposed to enhance high-standard institutional opening up and expand the construction of high-standard free trade areas for the world.This paper uses the panel data of China and 196 partner countries from 2000 to 2021 to empirically evaluate the impact of diplomatic partnership on the signing of China's FTA and the heterogeneity of clause commitments.The sample mean of"whether to conclude an FTA"is adopted as the critical value for the"correct classification ratio"to predict the geographical distribution of China's FTA target countries.The research shows that the higher the level of diplomatic partnership,the higher the probability of China to sign FTA with partner countries and the greater the depth and coverage of clause commitments.The model prediction results reveal that China's FTA target countries include many economies or regional organizations in Asia,Oceania,North America,South America,Europe and Africa.This research provides a reference basis for China to carry out FTA negotiations and feasibility studies.
diplomatic partnershipfree trade agreement(FTA)binary choice Logit modelFTA target countries
万方数据
维普
