A Panel Analysis on the Cross Border E-commerce Trade: Evidence from ASEAN Countries

• Published in: The Journal of Asian finance, economics, and business Vol. 6; no. 2; pp. 95 - 104
• Main Authors: HE, Yugang, WANG, Jingnan
• Format: Journal Article
• Language: English
• Published: 한국유통과학회 01.04.2019
• Subjects: 경제학; Dynamic Ordinary Least Squares; ASEAN Countries; Cross-border E-commerce Trade
• ISSN: 2288-4637; 2288-4645
• DOI: 10.13106/jafeb.2019.vol6.no2.95

Along with the economic globalization and network generalization, this provides a good opportunity to the development of cross-border ecommerce trade. Based on this background, this paper sets ASEAN countries as an example to exploit the determinants of cross-border ecommerce trade including the export and the import, respectively. The panel data from the year of 1998 to 2016 will be employed to estimate the relationship between cross-border e-commerce trade and relevant variables under the dynamic ordinary least squares and the error correction model. The findings of this paper show that there is a long-run relationship between cross-border e-commerce trade and relevant variables. Generally speaking, the GDP(+) and real exchange rate(-export & +import) have an effect on cross-border e-commerce trade. However, the population (+) and the terms of trade (-) only have an effect on cross-border e-commerce import. The empirical evidences show that the GDP and the real exchange rate always affect the development of cross-border e-commerce trade. Therefore, all ASEAN countries should try their best to develop the economic growth and focus on the exchange rate regime so as to meet the need of crossborder e-commerce trade development.