Infrastructure development is a key aspect of the Belt and Road Initiative(BRI).After measuring the infrastructure stocks of China and BRI countries,this paper estimates BRI countries’demand for infrastructure develo...Infrastructure development is a key aspect of the Belt and Road Initiative(BRI).After measuring the infrastructure stocks of China and BRI countries,this paper estimates BRI countries’demand for infrastructure development and verifies its economic growth effects,thus demonstrating the importance of the BRI.We found China’s infrastructure stock to be second-highest in the world,next only to that of the United States.While China’s infrastructure development is in sync with its economic development,inadequate infrastructure prevents many countries around the world from unlocking their full economic potential.By providing financing for much-needed infrastructure,the BRI exerts positive effects on economic growth in relevant countries.With a mandate of promoting infrastructure interconnectivity,the BRI will serve as a new driving force shaping a community of shared future for humankind.展开更多
共建“一带一路”是实践构建人类命运共同体重大理念的重要举措,旨在跨越不同地域、不同发展阶段、不同文明,为世界各国提供一个互惠共赢、共享发展的合作机遇。本文基于“一带一路”倡议形成的贸易合作网络,在控制了“一带一路”倡议...共建“一带一路”是实践构建人类命运共同体重大理念的重要举措,旨在跨越不同地域、不同发展阶段、不同文明,为世界各国提供一个互惠共赢、共享发展的合作机遇。本文基于“一带一路”倡议形成的贸易合作网络,在控制了“一带一路”倡议的直接影响下,详细论证了“一带一路”贸易网络带来的发展机遇是否为世界各国共享。通过利用2010—2018年的全球双边贸易数据,结合Borusyak et al.(2022)偏离份额方法的分析框架,本文发现:“一带一路”倡议形成的贸易合作网络显著促进了各国的贸易出口。从理论机制来看,这种促进作用主要是通过降低各国的生产成本和提升各国的产品需求引致。与此同时,随着各国出口行为的转变,“一带一路”网络内部的贸易联系显著增强,各国分工模式趋于专精化,协调互补的合作模式提升了“一带一路”贸易网络的活力,“一带一路”共谋发展、成果共享的初心使命得以实现。展开更多
文摘Infrastructure development is a key aspect of the Belt and Road Initiative(BRI).After measuring the infrastructure stocks of China and BRI countries,this paper estimates BRI countries’demand for infrastructure development and verifies its economic growth effects,thus demonstrating the importance of the BRI.We found China’s infrastructure stock to be second-highest in the world,next only to that of the United States.While China’s infrastructure development is in sync with its economic development,inadequate infrastructure prevents many countries around the world from unlocking their full economic potential.By providing financing for much-needed infrastructure,the BRI exerts positive effects on economic growth in relevant countries.With a mandate of promoting infrastructure interconnectivity,the BRI will serve as a new driving force shaping a community of shared future for humankind.
文摘共建“一带一路”是实践构建人类命运共同体重大理念的重要举措,旨在跨越不同地域、不同发展阶段、不同文明,为世界各国提供一个互惠共赢、共享发展的合作机遇。本文基于“一带一路”倡议形成的贸易合作网络,在控制了“一带一路”倡议的直接影响下,详细论证了“一带一路”贸易网络带来的发展机遇是否为世界各国共享。通过利用2010—2018年的全球双边贸易数据,结合Borusyak et al.(2022)偏离份额方法的分析框架,本文发现:“一带一路”倡议形成的贸易合作网络显著促进了各国的贸易出口。从理论机制来看,这种促进作用主要是通过降低各国的生产成本和提升各国的产品需求引致。与此同时,随着各国出口行为的转变,“一带一路”网络内部的贸易联系显著增强,各国分工模式趋于专精化,协调互补的合作模式提升了“一带一路”贸易网络的活力,“一带一路”共谋发展、成果共享的初心使命得以实现。
