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How will the Belt and Road initiative advance China’s exports?
Authors:Mei Ling Wang  Qian Qiu
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
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.
Keywords:Belt and road  China exports  infrastructure  Inland silk road  logistic performance index  maritime silk road
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