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The Regional Economic Spatial Spillover Effect of China and ASEAN

Author

Listed:
  • Juan Xu

    (Guangdong University of Finance and Economics)

  • Yiden Qiu

    (Guangdong University of Finance and Economics)

  • Muhammad Khalilur Rahman

    (Universiti Malaysia Kelantan)

  • Miraj Ahmed Bhuiyan

    (Guangdong University of Finance and Economics
    Western Caspian University
    Baku Eurasian University)

  • Towhid Hasan

    (Noakhali Science and Technology University)

Abstract

With the advancement of international cooperation along the “Belt and Road,” economic exchanges between China and countries along the “Belt and Road” have become closer. Cooperation between China and neighboring countries will be the focus of China’s development of foreign economic and trade cooperation in the future, and the results will benefit the world. As China’s largest trading partner, ASEAN countries are an important region where the Belt and Road Initiative is better than other countries and regions in its implementation. This paper uses the 2010–2019 panel data of China and the ten ASEAN countries by constructing a spatial econometric model to analyze the spatial spillover effect of their regional economic development. The results show that (1) the economies of China and the 10 ASEAN countries are spatially correlated, with positive spatial spillover effects. (2) The level of scientific and technological innovation, the development level of the service industry, the urban population, the unemployment rate, and the level of opening up can significantly impact the country’s regional economic growth. (3) The urban population, unemployment rate, and level of opening up of neighboring countries have a promoting effect on regional economic growth.

Suggested Citation

  • Juan Xu & Yiden Qiu & Muhammad Khalilur Rahman & Miraj Ahmed Bhuiyan & Towhid Hasan, 2025. "The Regional Economic Spatial Spillover Effect of China and ASEAN," Journal of Industry, Competition and Trade, Springer, vol. 25(1), pages 1-19, December.
    • Handle: RePEc:kap:jincot:v:25:y:2025:i:1:d:10.1007_s10842-025-00440-1
    DOI: 10.1007/s10842-025-00440-1
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    References listed on IDEAS

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    1. Ni-Ni Yin & Ke-Liang Wang & Zhen Yao & Li-Li Ding & Zhuang Miao, 2022. "Total-factor air environmental efficiency and its influencing factors in the areas along the Belt and Road in China: A spatial spillover perspective," Energy & Environment, , vol. 33(4), pages 663-695, June.
    2. Karl Aiginger & Dani Rodrik, 2020. "Rebirth of Industrial Policy and an Agenda for the Twenty-First Century," Journal of Industry, Competition and Trade, Springer, vol. 20(2), pages 189-207, June.
    3. Koffi Dumor & Yao Li & Ma Yongkai & Enock Mintah Ampaw & Hafez Komla Dumor, 2022. "Evaluating the belt and road initiative effects on trade and migration: Evidence from the East African community," African Development Review, African Development Bank, vol. 34(1), pages 16-28, March.
    4. Jiyong Chen & Dabo Chen & Aiping Yao, 2020. "Trade development between China and countries along the Belt and Road: A spatial econometric analysis based on trade competitiveness and complementarity," Pacific Economic Review, Wiley Blackwell, vol. 25(2), pages 205-227, May.
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