Advances in Economics, Management and Political Sciences

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Proceedings of the 7th International Conference on Economic Management and Green Development

Series Vol. 44 , 10 November 2023


Open Access | Article

Impact of the Sino-US Trade War on Factor Endowment in the Guangdong-Hong Kong-Macao Greater Bay Area: A Perspective from Factor Endowment Theory

Kuo Bao * 1
1 RCF Experimental School

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 44, 134-139
Published 10 November 2023. © 10 November 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Kuo Bao. Impact of the Sino-US Trade War on Factor Endowment in the Guangdong-Hong Kong-Macao Greater Bay Area: A Perspective from Factor Endowment Theory. AEMPS (2023) Vol. 44: 134-139. DOI: 10.54254/2754-1169/44/20232209.

Abstract

This study chooses the Guangdong-Hong Kong-Macao Greater Bay Area as the research object to explore the impact of Sino-US trade barriers on the factor endowment of the region. Based on the factor endowment theory, this paper proposes a hypothesis, tests collinearity, and establishes a multiple linear regression model. The results show that the trade barriers between China and the U.S. cannot explain the changes in GBA's factor endowments since the fitting degree is low. The correlation test shows the substitution effect between factor endowments. Based on the data analysis results, Sino-US trade barriers did not affect the factor endowment of the GBA. The possible reasons are the trade deflection and the policy that restrict factor mobility.

Keywords

Sino-U.S. trade war, factor endowment, greater bay area

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Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 7th International Conference on Economic Management and Green Development
ISBN (Print)
978-1-83558-109-4
ISBN (Online)
978-1-83558-110-0
Published Date
10 November 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/44/20232209
Copyright
10 November 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated