THE IMPACT OF CHINA'S ONE-BELT ONE-ROAD INITIATIVE ON INTERNATIONAL TRADE AND GLOBAL VALUE CHAINS

Yuxin Lu () and Joanna Wolszczak-Derlacz
Additional contact information
Yuxin Lu: Gdansk University of Technology, Gdansk, Poland

No 62, GUT FME Working Paper Series A from Faculty of Management and Economics, Gdansk University of Technology

Abstract: This study examines the potential effects of China's "One-Belt One-Road" initiative (OBOR) on trade flows and global value chain connections. The empirical analysis is based on the augmented gravity model of international trade, which comprises 186 reporters and 199 partners in the period 2000-2018. We also estimate the gravity model for involvement in global value chains (domestic and foreign value added in exports and the value contributed by a partner to a reporter's exports). OBOR proves to be positively correlated with international trade and global value chains (GVC), while some of the corridors seem to be more beneficial than others (e.g. China-Pakistan, China-Mongolia-Russian Federation, and Bangladesh-China-India-Myanmar).

Keywords: One-belt one-road; China; gravity trade models; global value chains (search for similar items in EconPapers)
JEL-codes: C23 F13 F14 (search for similar items in EconPapers)
Date: 2020-12
New Economics Papers: this item is included in nep-cis, nep-int, nep-opm, nep-sea and nep-tra
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://cdn.files.pg.edu.pl/zie/Strona%20polska/Na ... olszczak-Derlacz.pdf First version, 2020 (application/pdf)

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:gdk:wpaper:62

Access Statistics for this paper

More papers in GUT FME Working Paper Series A from Faculty of Management and Economics, Gdansk University of Technology Contact information at EDIRC.
Bibliographic data for series maintained by Wojciech Drapinski ().