Research Article

The Study on the Impact of China-Thailand Trade Structure on Trade Terms

tingjun zhang 1 *
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1 Xiamen University Tan Kah Kee College* Corresponding Author
International Journal of Business Studies and Innovation, 5(1), 2025, 10-23, https://doi.org/10.35745/ijbsi2025v05.01.0002
Published: 30 March 2025
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ABSTRACT

This paper uses the Trade Intensity Index, Trade Complementarity and Competition Index, Competitive Pressure Index, and Intra-Industry Trade Index as measurement indicators to analyze the factors influencing the China-Thailand bilateral trade structure from 2005 to 2021. It then applies the Price Terms of Trade Index and Income Terms of Trade Index to assess and analyze trade terms. Subsequently, the paper selects China’s Income Terms of Trade Index as the dependent variable, China-Thailand Trade Intensity Index as the main explanatory variable, and variables such as China’s export openness, Thailand’s export openness, actual foreign direct investment from Thailand in China, the difference in per capita GDP growth between China and Thailand, and the China-Thailand exchange rate under the RMB direct pricing method as control variables for multiple linear regression analysis. Finally, based on the test results, the paper proposes policy recommendations to promote win-win bilateral trade cooperation between China and Thailand.
Keywords: Terms of Trade, Trade Structure, Multiple Regression

CITATION (APA)

zhang, T. (2025). The Study on the Impact of China-Thailand Trade Structure on Trade Terms. International Journal of Business Studies and Innovation, 5(1), 10-23. https://doi.org/10.35745/ijbsi2025v05.01.0002

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