Has the Belt and Road Initiative improved the quality of economic growth in China's cities?

Kong, Qunxi; Chen, Afei; Shen, Chenrong; Wong, Zoey

doi:10.1016/j.iref.2021.07.001

Cited by 39 publications

(19 citation statements)

References 18 publications

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“…Chinese President Xi Jinping first separately proposed the Silk Road Economic Belt and the 21st-Century Maritime Silk Road (Huang and Li, 2020;Jackson and Shepotylo, 2021;Kong et al, 2021) in September and October 2013. They are officially called the Belt and Road Initiative (Jin et al, 2021).…”

Section: Background Of the Belt And Road Initiativementioning

confidence: 99%

The environmental effects of regional economic cooperation: Evidence from the Belt and Road Initiative

Chen

et al. 2022

Front. Environ. Sci.

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China’s Belt and Road Initiative is a significant regional economic cooperation. This paper uses the Belt and Road Initiative (BRI) as a quasi-natural experiment to investigate the impact of regional economic cooperation on environmental quality. Using difference-in-differences (DID) and a series of robustness checks, we find that regional economic cooperation like BRI deteriorates environmental quality in countries along the Belt and Road. The main reason is that the improving effects on environmental quality in the BRI countries are smaller than in the non-BRI countries after the BRI. The ecological impacts of the BRI exist differences in different countries. The results show that the BRI improves environmental quality in South Asia, and Europe and Central Asia. However, the BRI negatively affects environmental quality in East Asia and Pacific, developing and non-OECD countries. We found that, unlike the BRI, the Green BRI improves environmental quality in countries along the Belt and Road. We also discuss the mechanism of the BRI on environmental quality from foreign direct investment (FDI).

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Section: Background Of the Belt And Road Initiativementioning

confidence: 99%

The environmental effects of regional economic cooperation: Evidence from the Belt and Road Initiative

Chen

et al. 2022

Front. Environ. Sci.

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“…is paper proposes the BRI as a quasi-experiment, and difference-in-difference (DID) is used to evaluate its impact on poverty reduction in countries along the route. Learning from the practice of Kong et al [41], we construct a two-way fixed effect DID model. e model can be expressed as…”

Section: Model Buildingmentioning

confidence: 99%

Impact of the Belt and Road Initiative on Poverty Reduction in Countries along the Route

Yang

et al. 2022

Discrete Dynamics in Nature and Society

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Poverty reduction is an important driving force for the global realization of the United Nations 2030 Sustainable Development Goals and the building of a global community with a shared future for mankind. This paper takes the Belt and Road Initiative (BRI) as a quasi-natural experiment. Based on the panel data of 134 countries in the world from 2000 to 2018, this paper uses the difference-in-difference (DID) model to examine the impact of the BRI on poverty reduction in countries along the route and to study its internal mechanism from the dual perspectives of trade openness and investment openness. The results show that (1) the BRI can significantly reduce the incidence of poverty with the impact coefficient stable at −0.26, and the empirical conclusion has passed the parallel test, placebo test, and instrumental variable test; (2) the mediating effect test model shows that the BRI can achieve poverty reduction through the dual openness of trade and investment, and the intermediary effect of trade openness is greater than investment openness; and (3) from the perspective of heterogeneity analysis, geographically, the BRI has a slightly higher role in promoting poverty reduction in landlocked countries than in coastal countries. In terms of economic location, the effect of poverty reduction has a certain “pro-poverty” characteristic, that is, the BRI promotes poverty reduction in low- and middle-income countries far more than other types of income countries. Therefore, we believe that the continuous deepening of the BRI high-quality construction and the strengthening of cooperation among countries along the route will play a key role in promoting the international cycle of trade, investment, and other factors, as well as the cause of poverty reduction in the region and the world.

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“…( 6) Urban planning level (roadlength): This study uses the actual road length at the end of the year to express the urban planning level. (7) Third population employment (thirdlabor): This study uses the number of people working in the tertiary sector and earning wages to measure this. The variables are described in Table 1.…”

Section: Data Descriptionmentioning

confidence: 99%

Does the Belt and Road Initiative promote industrial upgrading and rationalisation and adjustment along the route?

You¹

2022

BCPBM

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This study uses data from 30 provinces and cities from 2010-2019 to examine the role of the Belt and Road Initiative (BRI) on industrial restructuring and upgrading in Chinese provinces and cities along the route using the Difference-in-differences method. The results found that participation in BRI construction is mainly under favorable policies to ensure that the tertiary sector can be strongly supported for development by stabilizing the macroeconomic situation, improving infrastructure construction, attracting surplus labor to the tertiary sector and strengthening technological innovation. BRI makes the industries tend to be advanced, and the key provinces develop tertiary industries and high-end manufacturing industries when participating in BRI construction and development, take advantage of policies to strengthen foreign trade through various ways, accelerate high-quality development of service industries, and achieve innovation and upgrading. At the same time, BRI can promote the rationalisation of industrial structure, which as an inverse indicator, the initiative makes a significant reduction and promotes the industrial structure to be more in line with the local economic development. The findings of the study provide theoretical support for China's future comprehensive deepening reforms.

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Has the Belt and Road Initiative improved the quality of economic growth in China's cities?

Cited by 39 publications

References 18 publications

The environmental effects of regional economic cooperation: Evidence from the Belt and Road Initiative

The environmental effects of regional economic cooperation: Evidence from the Belt and Road Initiative

Impact of the Belt and Road Initiative on Poverty Reduction in Countries along the Route

Does the Belt and Road Initiative promote industrial upgrading and rationalisation and adjustment along the route?

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