“Grouping” or “Ride One’s Coattails”?—How Developing Countries along the Belt and Road Satisfy Themselves

Jinghan Chen, Wen Zhou, Hongtao Yang and Zhuofei Wu
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Jinghan Chen: School of Economics and Management, Harbin Engineering University, Harbin 150001, China
Wen Zhou: College of System Engineering, National University of Defense Technology, Changsha 410073, China
Hongtao Yang: School of Business Administration, Huaqiao University, Quanzhou 362021, China
Zhuofei Wu: College of Computer Science and Technology, Harbin Engineering University, Harbin 150001, China

Energies, 2021, vol. 14, issue 12, 1-22

Abstract: China’s Belt and Road Initiative (BRI) will inevitably affect global energy cooperation. Along the Belt and Road, there are many developing countries. To understand the energy cooperation and development of these countries comprehensively is of great significance to guide their development and evaluate the impact of the BRI on the world energy and economic pattern. However, there is insufficient attention on those countries. Based on embodied energy analysis, a method which can track direct and indirect energy consumption in the economic system, effectively linking energy with the economy and environment, this paper proposes an evolution model of the embodied energy flow of the countries. Then, it simulates the evolution of the embodied energy flow under different cooperation strategies. The results show that if cooperation between countries positively affects their cooperation with other countries, adopting a mixed strategy is an advisable choice. On the contrary, cooperation with “powerful” countries in the network will be more conducive to the embodied energy flow. This article provides a new perspective and foundation for further discussion on the economy, trade, and energy cooperation along the Belt and Road.

Keywords: embodied energy; embodied energy flow network; energy policy; energy cooperation; evolution simulation and modeling; the “Belt and Road Initiative” (search for similar items in EconPapers)
JEL-codes: Q Q0 Q4 Q40 Q41 Q42 Q43 Q47 Q48 Q49 (search for similar items in EconPapers)
Date: 2021
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