How will the Belt and Road initiative advance China’s exports? |
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Authors: | Mei Ling Wang Qian Qiu |
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Institution: | 1. Department of International Economics &2. Trade, Business School, Jiangsu Normal University, Xuzhou, China;3. School of Political Science and Public Administration, China University of Political Science and Law, Beijing, China |
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Abstract: | We examined 2007, 2010, 2012, 2014, and 2016 data from 49 countries to determine changes wrought by China’s Belt and Road initiative; we also used panel data regarding the Maritime Silk and Inland Silk Roads to test initiative effects on Chinese exports. Post-initiative infrastructure expansion and logistics performance improvements led to positive effects on China’s exports. Additionally, legal-system similarities and inland borders with trade partners had a more positive effect on Chinese exports in the Inland Silk Road, while population and free trade agreements were found to have a more positive effect on the Maritime Silk Road. |
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Keywords: | Belt and road China exports infrastructure Inland silk road logistic performance index maritime silk road |
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