Did the &#x0201c;Belt and Road&#x0201d; Initiative Promote the Export of China's tea? &#x02014;&#x02014;An Empirical Study Based on the Generalized DID

WANG Chunxiao; GAO Feng; CHEN Fuqiao; ZENG Liang

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Journal of Tea Science ›› 2021, Vol. 41 ›› Issue (6) : 865-875.

Research Paper

Did the “Belt and Road” Initiative Promote the Export of China's tea? ——An Empirical Study Based on the Generalized DID

WANG Chunxiao^1,2, GAO Feng³, CHEN Fuqiao^3,*, ZENG Liang^1,2,*

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Abstract

The “Belt and Road” Initiative is a great opportunity for China's tea export. But the existing literatures are short of the evaluation of the policy effect. Based on the panel data of China and 40 major tea importing countries and regions, the difference-in-difference model (Generalized DID) was used to evaluate the promote effect of the “Belt and Road” Initiative to China's tea export. The results show that under the control of other variables, the “Belt and Road” Initiative had a positive effect to promote the growth of the export value of China's tea. Products heterogeneity analysis shows that the “Belt and Road” Initiative significantly promoted the export growth of green tea, but it had no significant effect on black tea. In addition, among the control variables, the improvement of per capital GDP and economic openness could significantly promote the export growth of China's tea. Finally, some suggestions were put forward for China's tea export trade to seize the opportunity.

Key words

China / generalized DID / tea export / the “Belt and Road” Initiative

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WANG Chunxiao, GAO Feng, CHEN Fuqiao, ZENG Liang. Did the “Belt and Road” Initiative Promote the Export of China's tea? ——An Empirical Study Based on the Generalized DID[J]. Journal of Tea Science. 2021, 41(6): 865-875

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