This study explores the critical relationship between terrorist attacks and international trade security within the geopolitical environment surrounding China. Amid the deepening interdependence of the global economy, maintaining trade stability has become increasingly important, especially as terrorist attacks pose significant threats to bilateral trade, supply chains, and economic growth. These attacks represent a deliberate disruption to national and regional peace, stability, and prosperity. Utilizing a gravity model framework and panel data from 2000 to 2020, this research assesses the impact of both domestic and transnational terrorist attacks on trade flows between China and 13 neighboring countries, offering insights for safeguarding trade development and mitigating the adverse effects of terrorist attacks on trade security. The development of bilateral trade between China and neighboring countries is highly sensitive to terrorist attacks. Both domestic terrorist attacks and transnational terrorist attacks have significantly reduced bilateral trade between China and neighboring countries. Compared with domestic terrorist attacks, the negative impact of transnational terrorist attacks on trade is more obvious. With the development of bilateral trade, a higher level of economic development can effectively mitigate the negative impact of terrorist attacks on trade, but military spending does not significantly mitigate the negative impact of terrorist attacks on trade. Although the cultural distance between the two countries increases the information asymmetry, it weakens the path of risk spillover, thus mitigating the negative impact of terrorist attacks on trade. In conclusion, this study provides empirical support for the development of bilateral trade between China and neighboring countries under terrorist attacks. Terrorist attacks and trade are inseparable in the geopolitical field, affecting bilateral economic and trade cooperation and development. To maintain trade security and combat terrorist attacks, we need to balance military spending and economic development. While greater cultural distance can mitigate some of the shock of terrorist attacks, it can also pose challenges to trust and communication that must be addressed through multilateral agreements and standardized cooperation to reduce the negative effects of cultural differences. It encourages future research to explore the interaction between terrorist attacks in different regions and trade security under more complex geopolitical risks, creating sustainable bilateral trade.
목차
Abstract 1. Introduction 2. Literature Review & Hypothesis 2.1 The Impact of Terrorist Attacks on Trade. 2.2 Transnational Terrorist Attacks: Greater Trade Disruptions 2.3 The Moderating Role of Economic Development in the Influence of Terrorist Attacks on Trade 2.4 The Moderating Role of Mmilitary Expenditure in the Influence of Terrorist Attacks on Trade 2.5 The Moderating Role of Cultural Distance in the Influence of Terrorist Attacks on Trade 3. Research Method 3.1 Regression Model 3.2 Data and Variables 4. Results 5. Discussion 5.1 The Role of Economic Strength 5.2 The Impact of Cultural Distance 5.3 The Influence of Tariffs 5.4 Domestic and Transnational Terrorist Attacks 5.5 Military Expenditure and Trade Security 6. Conclusions References
키워드
Neighboring CountriesDomestic Terrorist AttacksTransnational Terrorist AttacksBilateral TradeGravity Model
저자
Luo, Rui [ Graduate School of International Studies, Pusan National University, Korea ]
Lee, Jae-Woo [ Graduate School of International Studies, Pusan National University, Korea ]
Corresponding Author
부산대학교 중국전략연구소(구 부산대학교 중국연구소) [Institute of China Strategy]
설립연도
2006
분야
사회과학>사회복지학
소개
본 연구소의 설립을 통해 우선 한중 양국 국민의 상호이해와 교류증진을 위한 인문, 사회과학적인 연구는 물론이고, 이를 통해 기업(인)이 중국에 안정적인 정착과 교류를 할 수 있는 각종 환경을 조성하고자 한다.
게다가 본 연구소는 기존의 연구소의 기능과는 달리 단순한 학술 교류에 머물지 않고 인적 교류를 통해 양국관계의 이해를 증진하고 나아가 한국과 중국의 각종 프로젝트를 적극 유치, 개발함으로써 지속적으로 재원의 창출을 도모하고자 한다.