{"title":"Regional resilience during a trade war: The role of global connections and local networks","authors":"Canfei He , Jing Li , Wenyu Wang , Peng Zhang","doi":"10.1016/j.jwb.2024.101567","DOIUrl":null,"url":null,"abstract":"<div><p>Economic sanctions can adversely affect target countries. We study how regions withstand these sanctions amid the US-China trade war. Adopting a geographic relational perspective, we posit that regional resilience hinges on global connections and local networks. Analyzing nightlight data, we find that regional resilience is closely tied to the nature of global connections: cities prioritizing high-value-adding exports perform better, while those reliant on foreign firms for exports and focused on processing trade are more vulnerable. Furthermore, cities with economic development zones exhibit greater resilience to the trade war, underscoring the importance of networks within these zones in mitigating adverse effects.</p></div>","PeriodicalId":51357,"journal":{"name":"Journal of World Business","volume":null,"pages":null},"PeriodicalIF":8.9000,"publicationDate":"2024-07-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S1090951624000476/pdfft?md5=f00a146eaaf44bbd87a953d01c83f9b4&pid=1-s2.0-S1090951624000476-main.pdf","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of World Business","FirstCategoryId":"91","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1090951624000476","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
Economic sanctions can adversely affect target countries. We study how regions withstand these sanctions amid the US-China trade war. Adopting a geographic relational perspective, we posit that regional resilience hinges on global connections and local networks. Analyzing nightlight data, we find that regional resilience is closely tied to the nature of global connections: cities prioritizing high-value-adding exports perform better, while those reliant on foreign firms for exports and focused on processing trade are more vulnerable. Furthermore, cities with economic development zones exhibit greater resilience to the trade war, underscoring the importance of networks within these zones in mitigating adverse effects.
期刊介绍：
The Journal of World Business holds a distinguished position as a leading publication within the realm of International Business. Rooted in a legacy dating back to 1965, when it was established as the Columbia Journal of World Business, JWB is committed to disseminating cutting-edge research that reflects significant advancements in the field. The journal actively seeks submissions that propel new theoretical frameworks and innovative perspectives on International Business phenomena. Aligned with its domain statement, submissions are expected to possess a clear multinational, cross-border, or international comparative focus, while remaining pertinent to the study of management and organizations. JWB particularly encourages submissions that challenge established theories or assumptions, presenting pioneering or counterintuitive findings. With an inclusive approach, the journal welcomes contributions from diverse conceptual and theoretical traditions, encompassing allied social sciences and behavioral sciences. Submissions should either develop new theories or rigorously test existing ones, employing a variety of qualitative, quantitative, or other methodological approaches. While JWB primarily caters to scholars and researchers, it values contributions that explore implications for Multinational Enterprises and their management, as well as ramifications for public policy and the broader societal role of business.
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