Research On The Trade Effect And Infrastructure Of BCIM

BCIM as an important part of the construction of "the Belt and Road",in recent years,gradually become the hotspot issues for scholars to research on regional of international trade.In 2013,China and India put forward to construct BCIM initiative,in order to improve the partnership of two big countries,close economic and trade exchanges,enhance its international status.In 2015,BCIM have been proposed as important supplement of the strategy of " the Belt and Road",which was promoted to the national strategic level,BCIM construction got the support of the country,as well as the policy encouragement,will enter a new period of development.BCIM is one of the six economic corridors,is China's "neighborhood",is an important part of national strategy.To promote the development of BCIM,is beneficial to promote the implementation of the strategy of " the Belt and Road” and is conducive to promoting the international competitiveness of BCIM,the globalization development of the four countries has played a crucial role.In the process of world economic globalization,many countries pay more and more attention to the problem of liberalization of trade and how to reduce trade barriers.And infrastructure construction is closely related to the trade cost much,so the infrastructure and its relationship with trade became the hot topic in various countries.In addition,the implementation of infrastructure interconnectivity is the key of the area along the strategy problem,through the efficient level of infrastructure to promote the flow of factors of production between countries,reduce trade cost,transportation cost,etc.,to form effective cooperation between regions.This paper first analysis the foreign trade status of four countries in BCIM,then analysis the trade status between BCIM,the result showed that four countries in trade from high to low in turn order is China,India,Bangladesh,Myanmar.Then,in this paper,the BCIM infrastructure level analysis of four countries,including transport infrastructure,communication infrastructure and energy infrastructure.Analysis showed that four countries infrastructure level from high to low in turn order is: China,India,Bangladesh,Myanmar.Trade level of sorting and infrastructure level sort,to study the relationship between the level of infrastructure and trade,then has carried on the empirical analysis in this paper.In this paper,we use10 years data of 2007-2016 and EViews8.0 software,using the least square method,reference to the expansion of gravity model,the Bangladesh's influence on the trade between China and India and Myanmar infrastructure by regression analysis,due to the lack of data parts of certain fixed number of year,as well as the number of factors,such as less sample countries,this article selects 25 countries with the most trade with BICM,including the China and India and Bangladesh and Myanmar to analyze.First,we analysis the influence of infrastructure for trade on the overall,and then respectively to reflect the three indicators of infrastructure: transportation infrastructure,communication infrastructure,logistics level,respectively analysis on the influence of the volume of regression,the results prove that the influence of different infrastructure for trade,most influential and transportation infrastructure.