The Belt and Road Initiative and Regional Infrastructure Finance and Construction

Justin Yifu Lin and Yan Wang

East Asian Policy (EAP), 2024, vol. 16, issue 01

Abstract: This article discusses the rationale for the Belt and Road Initiative (BRI) and conducts an empirical analysis utilising a revised gravity model linking connective infrastructure constructed under the auspices of the BRI with global trade in the 2010–22 period. The authors’ empirical analysis shows that BRI connective infrastructure projects are beneficial to both the export and import countries. After controlling for all other factors, the existence of connective infrastructure in the export country is associated with a 25% increase in its export value, with a significant reduction in the transport costs.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1793930524000011
Access to full text is restricted to subscribers

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:wsi:eapxxx:v:16:y:2024:i:01:n:s1793930524000011

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1793930524000011

Access Statistics for this article

East Asian Policy (EAP) is currently edited by Jessica Loon

More articles in East Asian Policy (EAP) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().