Study on trade efficiency of electromechanical products between Guangdong and RCEP based on stochastic frontier gravity model

The formal signing of the RCEP agreement provides a new opportunity for the development of China’s foreign trade, and Guangdong is a large province of foreign trade in China, and the development of Guangdong and RCEP national mechanical and electrical products trade has also attracted much attention. Based on the stochastic frontier gravity model, this paper makes an empirical analysis of the trade efficiency of mechanical and electrical products between Guangdong and RCEP countries, and puts forward some suggestions to improve the trade efficiency on this basis.