The Impact of Sudden Social Security Incidents in Importing Countries on China's Agricultural Export Trade
Based on the data of China's agricultural export trade with 56 countries along the Silk Road Economic Belt from 2002 to 2021,this paper quantitatively analyzes the impact of sudden social security incidents in importing countries on China's agricultural export trade.The results show that the occurrence of sudden social security incidents of importing countries inhibit China's agricultural export trade,which remains robust after adjusting the sample and introducing instrumental variables,and that the inhibitory effect on China's agricultural export trade is more pronounced for sudden social security incidents targeting private individuals and their property.After the outbreak of sudden social security incidents in the importing country,China's agricultural export trade will be shifted to countries with a close institutional distance.The political globalization index,the level of anti-terrorism actions of importing countries,and the situation of joining of the"Belt and Road"initiative by the importing countries all alleviate the negative impact of sudden social security incidents on China's agricultural export trade.This paper argues that China's agricultural export enterprises should do a good job in predicting and evaluating sudden social security incidents in the early stage and improve their crisis management capabilities,relevant government departments should objectively identify the heterogeneous impact of sudden social.security incidents,and international coordination on anti-terrorism actions should be strengthened at the national level,so as to alleviate the negative impact of sudden social security incidents on China's agricultural export trade.
Sudden Social Security IncidentsAgricultural Export TradeSilk Road Economic Belt