How Can China and the Belt and Road Initiative Countries Work Together Responding to Climate Change: A Perspective on Carbon Emissions and Economic Spillover Effects

Yanmei Li and Xiushan Bai
Additional contact information
Yanmei Li: School of Economics and Management, Beijing University of Technology, Beijing 100124, China
Xiushan Bai: School of Economics and Management, Beijing University of Technology, Beijing 100124, China

IJERPH, 2022, vol. 19, issue 15, 1-17

Abstract: China attaches great importance to international cooperation on climate change, especially working with the Belt and Road Initiative relevant partners. From a perspective on carbon emissions and economic spillover effects, this study explores how China and the Belt and Road Initiative countries can work together to cope with climate change. It applies a three-region spillover effects model, based on the multi-regional input-output table and satellite extensions data of the Eora database, to examine mutual carbon emissions and economic spillover effects between China and the Belt and Road Initiative countries. The results show that: (1) Mutual carbon emissions spillover effects exist between China and the BRI countries, which is an important premise for them to cooperate responding to climate change. (2) There are great differences in carbon emission spillover effects among different sectors. Thus, optimizing the trade structure can bring benefits to carbon reduction for both sides. (3) The sectoral order of carbon emissions spillover effects, and economic spillover effects, is not consistent. In order to achieve an economic and environmental win-win, it is necessary to increase bilateral trade in those sectors with large economic spillover effects, and reduce other sectors with large carbon emissions spillover effects.

Keywords: climate change; green development of the belt and road; carbon emissions spillover effects; economic spillover effects; multi-regional input-output analysis (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/1660-4601/19/15/9553/pdf (application/pdf)
https://www.mdpi.com/1660-4601/19/15/9553/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jijerp:v:19:y:2022:i:15:p:9553-:d:879494

Access Statistics for this article

IJERPH is currently edited by Ms. Jenna Liu

More articles in IJERPH from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().