SSRScientific and Social Research2661-43322981-9946Bio-Byword Scientific Publishing Pty. Ltd.10.26689/ssr.v5i6.5083ArticleResearch on the Hedging Relationship Between the Main Economic Indicators of China and RCEP Member Stateshttps://artdesignp.com/journal/SSR/5/6/10.26689/ssr.v5i6.5083ZhangJiao2023562023-06-28In recent years, the bilateral economic and trade relations between China and other Regional Comprehensive Economic Partnership (RCEP) members have developed rapidly, laying a realistic foundation for economic interdependence. In order to comprehensively examine the mechanism of the interdependence of major economic indicators between China and RCEP member states, this paper uses the GAM model to select three main economic indicators of GDP, inflation, and exchange rate, and discusses the economic hedging relationship between China and RCEP member states. The study found that the economic hedging relationship between China and RCEP member states is mainly affected by trade volume, economic scale, and national strength.

Zhang Y, 2020, RCEP Regional Value Chain Reconstruction and China’s Policy Choices—Based on the “Belt and Road” Construction. Asia Pacific Economy, 2020(5): 14–24 + 149.

Bagnai A, 2009, The role of China in Global External Imbalances: Some Further Evidence. China Economic Review, 20(3): 508–526.

Arora V, Vamvakidis A, 2011, China’s Economic Growth: International Spillovers. China & World Economy, 19(5): 31–46.

Wang X, Liu C, 2018, The Spillover Effect of China’s Economic Growth - Are Trade and Investment Channels Important?. Economics and Management Research, 39(03): 16–25.

Huang X, Shao T, Zhao J, et al., 2020, Analysis of Influencing Factors of O3 Concentration in Xi'an City Based on GAM Model. Environmental Science, 41(04): 1535–1543.