Research On The Impact Of RCEP On Digital Service Trade

RCEP took eight years to sign,and came into force on January 1,2022.Judging from the content of the RCEP text,its service trade liberalization commitment level is high,which greatly reduces the barriers to service trade,and the agreement covers a wide range.The intellectual property rights,e-commerce,investment,and conflict resolution involved in digital service trade are detailed.In addition,there is also a certain amount of assistance for the relatively backward countries in the RCEP member countries.From this point of view,RCEP is bound to have an important impact on the world economy.Since the epidemic,we have found that trade in digital services is playing an increasingly critical role and plays an important role in my country’s economic development.On this basis,it is necessary to explore the impact of RCEP on digital service trade.The development of digital service trade in RCEP member countries is one of the research contents of this paper,in addition that the development of China’s digital service trade is also analyzed.This paper also conducts a detailed analysis of the mechanism by which RCEP affects digital service trade.The empirical part of this paper is mainly based on the GTAP model,which simulates and predicts the impact of the reduction of RCEP digital service trade barriers on digital service trade.The results of the study show that after reducing the digital service barriers by 20% and 50%,RCEP member countries have different promotion effects on the economic growth,trade conditions and welfare level of RCEP member countries.For various industries of digital service trade,the import and export volume of digital service trade in RCEP member states has increased significantly,and different member states benefit from different industries to different degrees.However,for non-RCEP member countries,economic growth and terms of trade have all been negatively impacted,and non-RCEP member countries will also increase trade to cope with this impact.Some suggestions also provided for the future development of digital service trade based on the status quo of digital service trade development and the simulation prediction results based on the GTAP model.RCEP has greatly promoted the development of digital service trade.China needs to promote the entry into force of RCEP and the application of digital service trade rules and terms as soon as possible,and provide assistance to member states and regions with underdeveloped digital service trade;for digital service trade industries,it is necessary to improve technological innovation and service levels to actively participate in Competition,and forced domestic regulatory practice reform through high-standard digital service trade rules;for non-RCEP member states,it is necessary to strengthen international economic and trade cooperation,and actively conduct bilateral and multilateral dialogues to deal with the impact of RCEP on digital service trade.;As far as the content of the RCEP digital service trade rules is concerned,it is necessary to actively engage in dialogue on topics such as digital cross-border flow and data localization.The main innovations of this paper are that the current main research focuses on the impact of RCEP on trade in goods,while the impact of RCEP on trade in services is less studied.Among them,digital service trade,as an important part of the growth of service trade,needs to be studied.At present,the content of the RCEP text has been published.It can be seen that the barriers to digital service trade still exist.Previous studies have reduced the barrier limit to0.The prediction is quite different from the actual situation.Adjust the impact level according to the content of the RCEP text,and the simulation prediction can also be more accurate.