Does Belt and Road Initiative Hurt Node Countries? A Study from Export Perspective

doi:10.1080/1540496X.2018.1553711

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	Does Belt and Road Initiative Hurt Node Countries? A Study from Export Perspective
	Mao, Haiou 1; Liu, Guanchun 2; Zhang, Chengsi 3; Atif, Rao Muhammad 4
刊名	EMERGING MARKETS FINANCE AND TRADE
	2019-05-28
卷号	55 期号:7 页码:1472-1485
关键词	Belt and Road initiative node countries' export propensity score matching regional institutional arrangement trade creation
ISSN号	1540-496X
DOI	10.1080/1540496X.2018.1553711
英文摘要	The existing studies on the Belt and Road Initiative (BRI) primarily explain its impact on China's trade or foreign direct investment, whereas its impact on node countries' export performance to China has not been examined. By considering the BRI as external policy shock and incorporating Five Connection indicators in the model, this article describes the mechanism and impact of the BRI on node countries' exports to China. By using propensity score matching and a difference-in-difference approach, we tackle the endogeneity problem caused by self-selecting into the BRI node-country group. The estimates indicate that the BRI has an overall positive effect on node countries' exports to China with an upward trend. The study also observes that facility connection, trade barriers reduction, financial integration, and people-to-people bond are efficient ways to enhance node countries' exports. Further, the regional heterogeneity analysis finds a smaller positive effect on North African and on central and East Asian economies, while higher on other regions.
WOS研究方向	Business & Economics ; International Relations
语种	英语
出版者	ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
WOS记录号	WOS:000462352400001
内容类型	期刊论文
源URL	[http://10.2.47.112/handle/2XS4QKH4/254]
专题	上海财经大学
通讯作者	Zhang, Chengsi
作者单位	1.Wuhan Univ, Sch Polit Sci & Publ Adm, China Inst Boundary & Ocean Studies, Wuhan, Hubei, Peoples R China; 2.Shanghai Univ Finance & Econ, Sch Publ Econ & Adm, Shanghai, Peoples R China; 3.Renmin Univ China, China Financial Policy Res Ctr, Sch Finance, Beijing, Peoples R China; 4.COMSATS Univ Islamabad, Dept Econ, Lahore, Pakistan
推荐引用方式 GB/T 7714	Mao, Haiou,Liu, Guanchun,Zhang, Chengsi,et al. Does Belt and Road Initiative Hurt Node Countries? A Study from Export Perspective[J]. EMERGING MARKETS FINANCE AND TRADE,2019,55(7):1472-1485.
APA	Mao, Haiou,Liu, Guanchun,Zhang, Chengsi,&Atif, Rao Muhammad.(2019).Does Belt and Road Initiative Hurt Node Countries? A Study from Export Perspective.EMERGING MARKETS FINANCE AND TRADE,55(7),1472-1485.
MLA	Mao, Haiou,et al."Does Belt and Road Initiative Hurt Node Countries? A Study from Export Perspective".EMERGING MARKETS FINANCE AND TRADE 55.7(2019):1472-1485.