Impact of US-China trade war on Asian economies: neural network multilayer perceptron approach

Purpose This study aims to find the impact of the trade war between the USA and China on Asian economies. Apart from macroeconomic variables associated with trade, this study explicitly creates a trade war scenario and trade war participant dummies. Using the neural network multilayer perceptron, th...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Journal of Chinese economic and foreign trade studies 2023-05, Vol.16 (2), p.172-189
Hauptverfasser: Rahman, Mohd Nayyer, Iqbal, Badar Alam, Rahman, Nida
Format: Artikel
Sprache:eng
Schlagworte:
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
container_end_page 189
container_issue 2
container_start_page 172
container_title Journal of Chinese economic and foreign trade studies
container_volume 16
creator Rahman, Mohd Nayyer
Iqbal, Badar Alam
Rahman, Nida
description Purpose This study aims to find the impact of the trade war between the USA and China on Asian economies. Apart from macroeconomic variables associated with trade, this study explicitly creates a trade war scenario and trade war participant dummies. Using the neural network multilayer perceptron, this study checks for the causal linkages between the predictors and target output for the panel of Asian economies and the USA. Design/methodology/approach A conceptual model of the after effects of trade war in a quadrant is developed. Variables related to trade and tariffs are included in the study for a panel of 19 Asian economies. The feedforward structure of neural network analysis is used to identify strong and weak predictors of trade war. Findings The hidden layers of the multilayer perceptron reveal the inconsistency in linkages for the predictors’ services exports, tariff measures, anti-dumping measures, trade war scenario dummy with gross domestic product. The findings suggest that to curtail the impact of the trade war on Asian economies, predictors with neural evidence must be paid due weightage in policy determination and trade agreements. Originality/value The study applies a novel and little explored AI/ML technique of Neural Network analysis with training of 70% observations. The paper will provide opportunity for other researchers to explore techniques of AI/ML in trade studies.
doi_str_mv 10.1108/JCEFTS-08-2022-0056
format Article
fullrecord <record><control><sourceid>proquest_emera</sourceid><recordid>TN_cdi_proquest_journals_2813525368</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><sourcerecordid>2813525368</sourcerecordid><originalsourceid>FETCH-LOGICAL-c410t-619774e4bf5355fe724fa19be50a83c007aecb1e9ecd48580283bb86409ae0be3</originalsourceid><addsrcrecordid>eNp1kc1OwzAQhCMEEqXwBFwscQ6sHdtxuFVRC0WVOLS9EjnuRk3JH3aqqm-Po1YgDpxmDjOz0rdBcE_hkVJQT2_pdLZahqBCBoyFAEJeBCMaCx5yTuXljwd1Hdw4twOQCadsFHzM606bnrQFWS_DdFs2mvRWb5ActCVtQyau1A1B0zZtXaJ7Jg3ura689IfWfpJ6X_VlpY9oSYfWYNdb39JdZ1tttrfBVaErh3dnHQfr2XSVvoaL95d5OlmEhlPoQ0mTOObI80JEQhQYM15omuQoQKvIAMQaTU4xQbPhSihgKspzJTkkGiHHaBw8nHb92a89uj7btXvb-JMZUzQSTERS-VR0ShnbOmexyDpb1toeMwrZADI7gcy8G0BmA0jfIqfWAKF0vx0lEiqklMJH2DlSo4ez-Wf3z4Oib_jlgEw</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>2813525368</pqid></control><display><type>article</type><title>Impact of US-China trade war on Asian economies: neural network multilayer perceptron approach</title><source>PAIS Index</source><source>Worldwide Political Science Abstracts</source><source>Standard: Emerald eJournal Premier Collection</source><creator>Rahman, Mohd Nayyer ; Iqbal, Badar Alam ; Rahman, Nida</creator><creatorcontrib>Rahman, Mohd Nayyer ; Iqbal, Badar Alam ; Rahman, Nida</creatorcontrib><description>Purpose This study aims to find the impact of the trade war between the USA and China on Asian economies. Apart from macroeconomic variables associated with trade, this study explicitly creates a trade war scenario and trade war participant dummies. Using the neural network multilayer perceptron, this study checks for the causal linkages between the predictors and target output for the panel of Asian economies and the USA. Design/methodology/approach A conceptual model of the after effects of trade war in a quadrant is developed. Variables related to trade and tariffs are included in the study for a panel of 19 Asian economies. The feedforward structure of neural network analysis is used to identify strong and weak predictors of trade war. Findings The hidden layers of the multilayer perceptron reveal the inconsistency in linkages for the predictors’ services exports, tariff measures, anti-dumping measures, trade war scenario dummy with gross domestic product. The findings suggest that to curtail the impact of the trade war on Asian economies, predictors with neural evidence must be paid due weightage in policy determination and trade agreements. Originality/value The study applies a novel and little explored AI/ML technique of Neural Network analysis with training of 70% observations. The paper will provide opportunity for other researchers to explore techniques of AI/ML in trade studies.</description><identifier>ISSN: 1754-4408</identifier><identifier>EISSN: 1754-4416</identifier><identifier>EISSN: 1754-4408</identifier><identifier>DOI: 10.1108/JCEFTS-08-2022-0056</identifier><language>eng</language><publisher>Bingley: Emerald Publishing Limited</publisher><subject>Anti dumping ; Beans ; Conceptual models ; Coronaviruses ; COVID-19 ; Disease transmission ; Dummy ; Dumping ; Economic conditions ; Economic growth ; Exports ; GDP ; Global economy ; Gross Domestic Product ; Inconsistency ; Industrialized nations ; International trade ; Macroeconomics ; Manufacturers ; Manufacturing ; Measures ; Medical research ; Network analysis ; Neural networks ; Presidential elections ; Soybeans ; Tariffs ; Trade agreements ; Trade deficit ; Trade disputes ; Trade policy ; War</subject><ispartof>Journal of Chinese economic and foreign trade studies, 2023-05, Vol.16 (2), p.172-189</ispartof><rights>Emerald Publishing Limited</rights><rights>Emerald Publishing Limited.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c410t-619774e4bf5355fe724fa19be50a83c007aecb1e9ecd48580283bb86409ae0be3</citedby><cites>FETCH-LOGICAL-c410t-619774e4bf5355fe724fa19be50a83c007aecb1e9ecd48580283bb86409ae0be3</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://www.emerald.com/insight/content/doi/10.1108/JCEFTS-08-2022-0056/full/html$$EHTML$$P50$$Gemerald$$H</linktohtml><link.rule.ids>314,780,784,12843,21693,27864,27922,27923,53242</link.rule.ids></links><search><creatorcontrib>Rahman, Mohd Nayyer</creatorcontrib><creatorcontrib>Iqbal, Badar Alam</creatorcontrib><creatorcontrib>Rahman, Nida</creatorcontrib><title>Impact of US-China trade war on Asian economies: neural network multilayer perceptron approach</title><title>Journal of Chinese economic and foreign trade studies</title><description>Purpose This study aims to find the impact of the trade war between the USA and China on Asian economies. Apart from macroeconomic variables associated with trade, this study explicitly creates a trade war scenario and trade war participant dummies. Using the neural network multilayer perceptron, this study checks for the causal linkages between the predictors and target output for the panel of Asian economies and the USA. Design/methodology/approach A conceptual model of the after effects of trade war in a quadrant is developed. Variables related to trade and tariffs are included in the study for a panel of 19 Asian economies. The feedforward structure of neural network analysis is used to identify strong and weak predictors of trade war. Findings The hidden layers of the multilayer perceptron reveal the inconsistency in linkages for the predictors’ services exports, tariff measures, anti-dumping measures, trade war scenario dummy with gross domestic product. The findings suggest that to curtail the impact of the trade war on Asian economies, predictors with neural evidence must be paid due weightage in policy determination and trade agreements. Originality/value The study applies a novel and little explored AI/ML technique of Neural Network analysis with training of 70% observations. The paper will provide opportunity for other researchers to explore techniques of AI/ML in trade studies.</description><subject>Anti dumping</subject><subject>Beans</subject><subject>Conceptual models</subject><subject>Coronaviruses</subject><subject>COVID-19</subject><subject>Disease transmission</subject><subject>Dummy</subject><subject>Dumping</subject><subject>Economic conditions</subject><subject>Economic growth</subject><subject>Exports</subject><subject>GDP</subject><subject>Global economy</subject><subject>Gross Domestic Product</subject><subject>Inconsistency</subject><subject>Industrialized nations</subject><subject>International trade</subject><subject>Macroeconomics</subject><subject>Manufacturers</subject><subject>Manufacturing</subject><subject>Measures</subject><subject>Medical research</subject><subject>Network analysis</subject><subject>Neural networks</subject><subject>Presidential elections</subject><subject>Soybeans</subject><subject>Tariffs</subject><subject>Trade agreements</subject><subject>Trade deficit</subject><subject>Trade disputes</subject><subject>Trade policy</subject><subject>War</subject><issn>1754-4408</issn><issn>1754-4416</issn><issn>1754-4408</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2023</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><sourceid>7UB</sourceid><sourceid>AFKRA</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><recordid>eNp1kc1OwzAQhCMEEqXwBFwscQ6sHdtxuFVRC0WVOLS9EjnuRk3JH3aqqm-Po1YgDpxmDjOz0rdBcE_hkVJQT2_pdLZahqBCBoyFAEJeBCMaCx5yTuXljwd1Hdw4twOQCadsFHzM606bnrQFWS_DdFs2mvRWb5ActCVtQyau1A1B0zZtXaJ7Jg3ura689IfWfpJ6X_VlpY9oSYfWYNdb39JdZ1tttrfBVaErh3dnHQfr2XSVvoaL95d5OlmEhlPoQ0mTOObI80JEQhQYM15omuQoQKvIAMQaTU4xQbPhSihgKspzJTkkGiHHaBw8nHb92a89uj7btXvb-JMZUzQSTERS-VR0ShnbOmexyDpb1toeMwrZADI7gcy8G0BmA0jfIqfWAKF0vx0lEiqklMJH2DlSo4ez-Wf3z4Oib_jlgEw</recordid><startdate>20230517</startdate><enddate>20230517</enddate><creator>Rahman, Mohd Nayyer</creator><creator>Iqbal, Badar Alam</creator><creator>Rahman, Nida</creator><general>Emerald Publishing Limited</general><general>Emerald Group Publishing Limited</general><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>0U~</scope><scope>1-H</scope><scope>7RO</scope><scope>7TQ</scope><scope>7UB</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>8BJ</scope><scope>AFKRA</scope><scope>AXJJW</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DHY</scope><scope>DON</scope><scope>DWQXO</scope><scope>FQK</scope><scope>F~G</scope><scope>JBE</scope><scope>K6~</scope><scope>L.-</scope><scope>L.0</scope><scope>M0C</scope><scope>PQBIZ</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>Q9U</scope></search><sort><creationdate>20230517</creationdate><title>Impact of US-China trade war on Asian economies: neural network multilayer perceptron approach</title><author>Rahman, Mohd Nayyer ; Iqbal, Badar Alam ; Rahman, Nida</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c410t-619774e4bf5355fe724fa19be50a83c007aecb1e9ecd48580283bb86409ae0be3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2023</creationdate><topic>Anti dumping</topic><topic>Beans</topic><topic>Conceptual models</topic><topic>Coronaviruses</topic><topic>COVID-19</topic><topic>Disease transmission</topic><topic>Dummy</topic><topic>Dumping</topic><topic>Economic conditions</topic><topic>Economic growth</topic><topic>Exports</topic><topic>GDP</topic><topic>Global economy</topic><topic>Gross Domestic Product</topic><topic>Inconsistency</topic><topic>Industrialized nations</topic><topic>International trade</topic><topic>Macroeconomics</topic><topic>Manufacturers</topic><topic>Manufacturing</topic><topic>Measures</topic><topic>Medical research</topic><topic>Network analysis</topic><topic>Neural networks</topic><topic>Presidential elections</topic><topic>Soybeans</topic><topic>Tariffs</topic><topic>Trade agreements</topic><topic>Trade deficit</topic><topic>Trade disputes</topic><topic>Trade policy</topic><topic>War</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Rahman, Mohd Nayyer</creatorcontrib><creatorcontrib>Iqbal, Badar Alam</creatorcontrib><creatorcontrib>Rahman, Nida</creatorcontrib><collection>ECONIS</collection><collection>CrossRef</collection><collection>Global News &amp; ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>Asian Business Database</collection><collection>PAIS Index</collection><collection>Worldwide Political Science Abstracts</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Asian &amp; European Business Collection</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>ProQuest Central Korea</collection><collection>International Bibliography of the Social Sciences</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>International Bibliography of the Social Sciences</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>ABI/INFORM Global</collection><collection>ProQuest One Business</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>ProQuest Central Basic</collection><jtitle>Journal of Chinese economic and foreign trade studies</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Rahman, Mohd Nayyer</au><au>Iqbal, Badar Alam</au><au>Rahman, Nida</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Impact of US-China trade war on Asian economies: neural network multilayer perceptron approach</atitle><jtitle>Journal of Chinese economic and foreign trade studies</jtitle><date>2023-05-17</date><risdate>2023</risdate><volume>16</volume><issue>2</issue><spage>172</spage><epage>189</epage><pages>172-189</pages><issn>1754-4408</issn><eissn>1754-4416</eissn><eissn>1754-4408</eissn><abstract>Purpose This study aims to find the impact of the trade war between the USA and China on Asian economies. Apart from macroeconomic variables associated with trade, this study explicitly creates a trade war scenario and trade war participant dummies. Using the neural network multilayer perceptron, this study checks for the causal linkages between the predictors and target output for the panel of Asian economies and the USA. Design/methodology/approach A conceptual model of the after effects of trade war in a quadrant is developed. Variables related to trade and tariffs are included in the study for a panel of 19 Asian economies. The feedforward structure of neural network analysis is used to identify strong and weak predictors of trade war. Findings The hidden layers of the multilayer perceptron reveal the inconsistency in linkages for the predictors’ services exports, tariff measures, anti-dumping measures, trade war scenario dummy with gross domestic product. The findings suggest that to curtail the impact of the trade war on Asian economies, predictors with neural evidence must be paid due weightage in policy determination and trade agreements. Originality/value The study applies a novel and little explored AI/ML technique of Neural Network analysis with training of 70% observations. The paper will provide opportunity for other researchers to explore techniques of AI/ML in trade studies.</abstract><cop>Bingley</cop><pub>Emerald Publishing Limited</pub><doi>10.1108/JCEFTS-08-2022-0056</doi><tpages>18</tpages></addata></record>
fulltext fulltext
identifier ISSN: 1754-4408
ispartof Journal of Chinese economic and foreign trade studies, 2023-05, Vol.16 (2), p.172-189
issn 1754-4408
1754-4416
1754-4408
language eng
recordid cdi_proquest_journals_2813525368
source PAIS Index; Worldwide Political Science Abstracts; Standard: Emerald eJournal Premier Collection
subjects Anti dumping
Beans
Conceptual models
Coronaviruses
COVID-19
Disease transmission
Dummy
Dumping
Economic conditions
Economic growth
Exports
GDP
Global economy
Gross Domestic Product
Inconsistency
Industrialized nations
International trade
Macroeconomics
Manufacturers
Manufacturing
Measures
Medical research
Network analysis
Neural networks
Presidential elections
Soybeans
Tariffs
Trade agreements
Trade deficit
Trade disputes
Trade policy
War
title Impact of US-China trade war on Asian economies: neural network multilayer perceptron approach
url https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-01-14T12%3A25%3A12IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_emera&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Impact%20of%20US-China%20trade%20war%20on%20Asian%20economies:%20neural%20network%20multilayer%20perceptron%20approach&rft.jtitle=Journal%20of%20Chinese%20economic%20and%20foreign%20trade%20studies&rft.au=Rahman,%20Mohd%20Nayyer&rft.date=2023-05-17&rft.volume=16&rft.issue=2&rft.spage=172&rft.epage=189&rft.pages=172-189&rft.issn=1754-4408&rft.eissn=1754-4416&rft_id=info:doi/10.1108/JCEFTS-08-2022-0056&rft_dat=%3Cproquest_emera%3E2813525368%3C/proquest_emera%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=2813525368&rft_id=info:pmid/&rfr_iscdi=true