Study on the impact of the Belt and Road Initiative on China’s overseas infrastructure investment-- Take the power station project as an example

Pei Yu () and Yuhan Qiu ()
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Pei Yu: Wuhan University of Technology, School of Economics
Yuhan Qiu: Wuhan University of Technology, School of Economics

A chapter in Proceedings of the 9th International Conference on Financial Innovation and Economic Development (ICFIED 2024), 2024, pp 700-710 from Springer

Abstract: Abstract Infrastructure construction is the core of the Belt and Road Initiative, especially at this stage, countries around the world are committed to improving the green level of infrastructure, so as to cope with the continuous deterioration of global climate, and the construction of China’s overseas infrastructure investment projects has attracted much attention. Based on this, this paper constructs the mechanism of the impact of the “Belt and Road” Initiative on China’s overseas power infrastructure construction, and according to the statistics of China’s overseas investment inventory database(COFI), takes 338 power station projects invested and constructed by China in 70 countries along the “Belt and Road” from 2000 to 2020 as research samples, and constructs a set of balanced panel data. The mechanism was tested empirically by using the method of multi-stage difference-difference. The study confirms that the Belt and Road Initiative in general has significantly increased China’s power plant infrastructure in countries along the route, particularly promoting clean power plants and high-quality projects in high-income countries.

Keywords: The Belt and Road Initiative; China’s overseas power station infrastructure construction; Multiphase differential; International technical cooperation (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-408-2_76

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DOI: 10.2991/978-94-6463-408-2_76

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