China’s Infrastructure Investment to the Belt and Road: The Case of the China-Indochina Peninsula Economic Corridor

Dai, Yuwen

doi:10.1080/10971475.2021.1958452

Cited by 10 publications

(4 citation statements)

References 40 publications

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“…Most of the countries along the B&R still have a mega shortage in transportation infrastructure, indicating that there is still more investment space for China's OFDI. 109,110 Although there is a 0.044% positive correlation between green economic growth and transportation infrastructure construction, it is not significant. The results indicate that green economic growth is not a decisive factor in the development of transportation infrastructure.…”

Section: Experimental Researchmentioning

confidence: 97%

Dynamic linkages between China’s OFDI, transport, and green economic growth: Empirical evidence from the B&R countries

Zhang

Jiang

Cai

et al. 2022

Energy & Environment

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China’s outward foreign direct investment (OFDI) provides a window of opportunity for the Belt and Road (B&R) countries to solve their transportation challenges and achieve green economic growth. This study examines the causal relationship between China’s OFDI, transport, and green economic growth in 63 B&R countries from 2005 to 2019 using system GMM estimators. The empirical results indicate that there is a multifarious relationship between these factors. China’s OFDI can effectively facilitate the transport infrastructure construction of host countries, which will spur green economic growth. Moreover, the B&R countries with transport and green economic growth gap are more likely to contribute to China’s OFDI “attractiveness.” These conclusions provide a policy basis for the B&R countries to attract China’s OFDI, develop adequate transportation infrastructure, and enhance sustainable green economic growth.

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Section: Experimental Researchmentioning

confidence: 97%

Dynamic linkages between China’s OFDI, transport, and green economic growth: Empirical evidence from the B&R countries

Zhang

Jiang

Cai

et al. 2022

Energy & Environment

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“…Because most of the countries along the BRI are developing, their economic development levels are relatively low, and their investment in transportation, trade logistics, and information infrastructure has long been insufficient, resulting in generally poor infrastructure. One of the key goals of the BRI is to develop interconnected transportation infrastructure and effective logistical services between BRI countries, thereby reducing the bottleneck of cross-border trade [10]. The cost of transnational transportation has risen dramatically as a result of the inadequate transportation facilities that logistical transportation relies on, and in some situations, it will even impair normal import and export across countries.…”

Section: Agricultural Trade Cooperation Faces the Problem Of Backward...mentioning

confidence: 99%

Research on Agricultural Trade Between China and Countries Along the BRI Route

Cheng

2024

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This comprehensive research investigates the dynamics of agricultural trade between China and countries affiliated with the Belt and Road Initiative (BRI). Launched by President Xi Jinping, the BRI is a pivotal foreign policy designed to foster political rapport and economic integration by facilitating infrastructure development, synchronizing investments, and promoting global connectivity. Central to this paper is the transformative role of the BRI in refining China's agricultural framework, mitigating overcapacity challenges, and broadening its agricultural outreach on the global stage. The study underscores the inherent complementarity of agricultural products between China and BRI nations. However, it also brings to light pressing challenges, notably the persistent trade deficits, infrastructural gaps in BRI-associated countries, and the emergence of green trade barriers. On the brighter side, the research identifies significant opportunities, particularly in the realm of transnational agricultural resource allocation and the rapid internationalization of China's agriculture sector. In its conclusion, the paper strongly recommends the mutual acknowledgment of agricultural standards, infrastructural advancements, and a synergistic approach involving diverse stakeholders to fully harness the agricultural trade benefits of the BRI.

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“…This study is innovative in that it ultimately lls a research gap covered by few economic studies that have attempted to investigate the economic effects of joining the BRI on its member countries. Yuwen (2022) empirically investigated the macroeconomic implications of the BRI membership in the China-Indonesia Peninsula Economic Corridor. He found that, for most of these countries, OFDI's motivation for China is e ciency seeking and not market seeking.…”

Section: Empirical Reviewmentioning

confidence: 99%

Is India’s reluctance to join the Belt and Road Initiative a missing opportunity? Synthetic Control Method Analysis.

Elish,

Ahmed

2023

Preprint

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Eight years have passed since the launch of the Belt and Road Initiative (BRI) in 2013 which was put into action in 2014. Since then, a series of research papers have categorized their findings in relation to the initiative’s aims, targets, and estimations of possible outcomes. This research intends to measure the impact of India’s resilience to join this initiative on its net foreign direct investment by comparing its trajectory to the trajectory of the same outcome for a counterfactual unit of comparison from countries that have joined the initiative. The method that will be employed is the Synthetic control method (SCM) for a panel of 27 countries between 1990 to 2021. The empirical results show that the net Foreign Direct Investment FDI trajectory for India during the eight years from 2014 to 2021 has fallen compared to synthetic India constructed from BRI member countries. This research study is distinctive from other empirical contributions by using an inventive technique of SCM, which is a new experimental method to assess actual outcomes rather than predicting them, as in other conventional regression models. Moreover, the economic aspect of accessing the BRI has rarely been investigated, since most studies have qualitatively focused on the political aspect of the initiative. The results can assist in decision-making for India and other countries considering membership in this millennium initiative.

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China’s Infrastructure Investment to the Belt and Road: The Case of the China-Indochina Peninsula Economic Corridor

Cited by 10 publications

References 40 publications

Dynamic linkages between China’s OFDI, transport, and green economic growth: Empirical evidence from the B&R countries

Dynamic linkages between China’s OFDI, transport, and green economic growth: Empirical evidence from the B&R countries

Research on Agricultural Trade Between China and Countries Along the BRI Route

Is India’s reluctance to join the Belt and Road Initiative a missing opportunity? Synthetic Control Method Analysis.

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