The Influence Of Cultural Distance On Bilateral Trade In Goods Between China And Major Developing Countries

In the context of changes in the international economic structure,the traditional developed countries represented by the United States have gradually weakened their influence on the stage of trade globalization.Under the premise of developing countries'call for free trade and their proportion,the development of China's foreign trade Research cannot avoid the concept of "developing countries",which is more special for China.At the same time,culture,as a key factor for developing countries to play a role in their deep trade decisions when formal institutions are absent,The specific impacts of China and developing countries also lack a picture on the big picture:because existing cultural-related research focuses on history and current trade volumes,and does not consider too much trade potential with developing countries.Therefore,based on the empirical analysis of the influence of existing cultural factors on trade,this study further explores theoretical research and more targeted and subdivided empirical research,trying to analyze the direction and intensity of culture through China.The volume of trade in goods with the sample countries in question plays a role.Firstly,through literature analysis,it clarifies the influence of culture on international economic and trade cooperation in the field of economics and then refines it to the perspective of institutional economics,and further seeks to quantify the measurement of culture by clarifying the definition of cultural connotation and various component dimensions.Indicators,in this article,are the tools for measuring cultural distance.By combing the previous research in the trade field related to cultural distance,it can be found that the way cultural distance affects trade flows has not been determined,thus reflecting the need for specific analysis in the analysis of new specific issues.The need for new empirical research.Secondly,before the measurement analysis,the research subj ect,ie the developing country,is first defined in the framework discussed in this paper,and the trade data of 55 countries from 2005 to 2017 is extracted as the explanatory variable;at the same time,further relevant After the cultural distance data,it can be judged initially that there are significant differences in the performance of the same cultural indicators in different regions,but there is some overall characteristics among the developing countries in question.Thirdly,based on the existing data,the setting and regression based on the traditional trade gravity model are carried out,in addition to the study of the influence of cultural distance on the total trade volume and import volume between China and the sample countries,as well as the sub-divisions.The influence of cultural distance and the impact of sub-samples divided into regions by region are regressed;preliminary conclusions are available.Within the existing discussion framework,the influence of cultural distance on the total trade has a nonlinear U-shaped relationship.The distance between the various sub-items of culture mainly hinders trade but does not rule out the promotion of individual specific situations.The influence of cultural distances on China's trade with different regional countries is quite different.Therefore,in the aspect of national policy recommendations and corporate countermeasures,the above two types of trade activities are required to strengthen the awareness of the importance of culture in the field of trade,and adopt reasonable methods,such as building regional collective identity,promoting the establishment of regional humanities exchange platform,and promoting the development of cross-border Cultural talents and other means to trade more securely with other developing countries.In general,in the new wave of globalization,developing countries will have the potential to gain a dominant position.China needs to seize this opportunity to develop together with other developing countries.