Granger Causality Between the Import Policy and the Comparative Advantage in China’s Anti-Biotic Product

Yu Hong, Lin Zhang, Kexuan Yu, Aijing Hu

2022

Abstract

This study examined the Chinese "net export ratio" (NXck) that measures the trade balance as a proportion of the total trade, "revealed symmetric comparative advantage for export" (RXck) and "import restriction" (HMck) in the anti-biotic products, by using data of 1987-2019 from UN COMTRADE database. Short-run and the long-run Granger causality tests between "RXck" and "HMck" were performed with both of the directions with the specific sizes for the effects. The results revealed that in the optimal non-linear models, HMck improves RXck with positive short-run effect (p=0.033) and long-run effect (p=0.066); HMck lags have negative long-run effect (p=0.080) on the indicator of HMck itself, indicating that the Chinese import restriction intervention in the trade of the anti-biotic products has not been inertial.

Paper Citation

in Harvard Style

Hong Y., Zhang L., Yu K. and Hu A. (2022). Granger Causality Between the Import Policy and the Comparative Advantage in China’s Anti-Biotic Product. In Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI; ISBN 978-989-758-620-0, SciTePress, pages 80-84. DOI: 10.5220/0011730600003607

in Bibtex Style

@conference{icpdi22,
author={Yu Hong and Lin Zhang and Kexuan Yu and Aijing Hu},
title={Granger Causality Between the Import Policy and the Comparative Advantage in China’s Anti-Biotic Product},
booktitle={Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI},
year={2022},
pages={80-84},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011730600003607},
isbn={978-989-758-620-0},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 1st International Conference on Public Management, Digital Economy and Internet Technology - Volume 1: ICPDI
TI - Granger Causality Between the Import Policy and the Comparative Advantage in China’s Anti-Biotic Product
SN - 978-989-758-620-0
AU - Hong Y.
AU - Zhang L.
AU - Yu K.
AU - Hu A.
PY - 2022
SP - 80
EP - 84
DO - 10.5220/0011730600003607
PB - SciTePress