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- Title
THE ECONOMIC EFFECT OF CROSS-BORDER E-COMMERCE TECHNOLOGY SHOCKS.
- Authors
Weihua Su; Yuying Wang; Chonghui Zhang; Shouzhen Zeng
- Abstract
Based on the characteristics of the cross-border ecommerce, this article has established an open dynamic stochastic general equilibrium model that includes non-trade firms, crossborder e-commerce firms, and non-cross-border e-commerce firms, and has introduced a cross-border e-commerce export intermediary to the model, this paper quantitatively analyses the transmission path and influence of cross-border e-commerce technology shocks on macroeconomic variables. On this basis, we also compared and analysed the determinants of the impact of cross-border ecommerce technology shocks on domestic traded goods under different parameter values. The results show that cross-border ecommerce technology shocks can significantly improve China's output, but its inhibition effect on foreign output and domestic and foreign consumption is not obvious. For firms in our model, the cross-border e-commerce technology shocks has the greatest impact on the output and consumption of cross-border e-commerce goods, followed by the output and consumption of non-cross-border ecommerce goods, and the least impact on the output and consumption of non-traded goods. In addition, under different values of parameters, cross-border e-commerce technology shocks generates opposite effects on domestic traded and non-traded goods output.
- Subjects
CHINA; CROSS-border e-commerce; TECHNOLOGY; ECONOMIC activity; EXPERT systems
- Publication
Transformations in Business & Economics, 2018, Vol 17, Issue 2B, p549
- ISSN
1648-4460
- Publication type
Article