 The impact of the evolution of the iron raw material trade pattern on the national economy: The B&R perspectiveYue Wang, Guwang Liu, Yan Zhang, Xiaoqian Guo and Shaobo Guo Resources Policy, 2024, vol. 89, issue C Abstract: Iron plays a pivotal part in the economic development of the countries along the Belt and Road (B&R countries), most of which are developing countries. With the continuous deepening of the Belt and Road Initiative (BRI), the iron trade pattern has changed, which has had diverse impacts on economic development. Therefore, from the perspective of the iron industry chain, we investigate the impact of the evolution of the iron raw material (IRM) trade pattern on the national economic development of the B&R countries based on the complex network and penal regression method. The major completions are as follows: (1) The import of IRM has a significant promoting effect on the national economy; (2) After the BRI proposal, the structure of iron products exported by B&R countries has been upgraded, and the dependence of the economy on IRM export has decreased, which is conducive to economic development; (3) The trade of IRM among B&R countries has become more diversified, resulting in a lack of significant correlation between betweenness centrality and the national economy. Keywords: Iron trade; Complex network; Penal regression model; The belt and road (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:89:y:2024:i:c:s0301420723012655 DOI: 10.1016/j.resourpol.2023.104554 Access Statistics for this article Resources Policy is currently edited by R. G. Eggert More articles in Resources Policy from Elsevier |
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