Foreign Purchasers' Spatial Embeddedness,Knowledge Spillover And Regional Trade

With the rapid development of economic globalization,China's participation in economic globalization is deepening,and regional trade plays an increasingly important role in promoting China's economic and social development.In the process of the growth and expansion of regional foreign trade,economic activities are constantly re-allocated.In addition to the local agglomeration of production enterprises,the trend of spatial agglomeration of foreign purchasers is becoming more and more obvious.A large number of long-term agglomeration of local foreign purchasers has promoted the rapid development of trade in these areas.There have been many studies on the impact of the agglomeration of trade intermediaries on international trade,but few studies have made it three-dimensional and specific.Therefore,in this paper,trade intermediaries are concretized as purchasers,and knowledge spillover is introduced as an intermediate variable,which combines the theoretical research of spatial embeddedness,knowledge spillover and regional trade of foreign purchasers to construct a theoretical model of spatial embeddedness affecting regional trade,so as to reveal the intermediate transmission mechanism of foreign purchaser's spatial embeddedness affecting regional trade development.Firstly,this paper introduces the theory related to the topic,which lays a theoretical foundation for the research of the topic;secondly,read and study a large number of relevant documents to provide more feasible ideas and content for the research of the thesis;then,it analyses the formation mechanism,transmission mode and influence mechanism among the three factors: spatial embeddedness,knowledge spillover and regional trade,finally,through the field research and data collection of Yiwu,which has mature professional market,numerous trade intermediaries and a large number of buyers,it provides the basis for the hypothesis of the paper.Through theoretical mechanism analysis and empirical analysis based onquestionnaire survey data of Yiwu International Trade City,it is found that: the spatial embeddedness of foreign purchasers has a direct positive effect on the export of local enterprises.At the same time,the embeddedness of foreign purchasers makes the communication between them and enterprises more convenient and the transmission of information easier.Thus,the innovation and productivity of enterprises can be improved.This shows that knowledge spillovers play a significant mediating role.The conclusion of this study not only further confirms the role of foreign buyers' embeddedness in local trade,but also shows that part of the role to promote regional trade is through knowledge spillover.The research in this paper also provides theoretical basis and policy inspiration for the government to promote the transformation and development of regional trade by attracting foreign buyers.