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논문 기본 정보

자료유형
학술저널
저자정보
이인구 (대외경제정책연구원) 조현준 (건국대학교)
저널정보
한국동북아경제학회 동북아경제연구 동북아경제연구 제20권 제1호
발행연도
2008.1
수록면
185 - 206 (22page)

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China is now pursuing FTAs with a number of countries. Interestingly, China's FTA partners are concentrated on geographically adjacent developing countries and non-Western ones. Dealing with the objectives of China's FTA, this paper analyzes empirically the decisive factors for China to select its FTA partners. By employing the Probit Gravity model, this paper carries out a regression analysis in which China's pursuing an FTA with a country is chosen as the dependent variable in response to a set of explanatory factors affecting the counterpart country's characteristics. Regression results show that the response variable is substantially related with the counterpart country's endowment of natural resources, its geographic distance from China, and its colonial experience in China. On the contrary, the counterpart country's economic size, industrial structure and its economic interdependence with China have little relation with the response variable. These results imply that China tends to mainly promotes FTAs with (1) geographically adjacent countries and (2) countries with abundant natural resources, and (3) non- Western countries without any colonial experience in China. More specifically, China appears to prioritize FTA partner countries that will help China to secure strategic natural resource, and to shape a Sino-centric regionalism in Asia.

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