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The role of the Belt and Road Initiative

New opportunity for Chinese exporters

Bibliographic Data

ID21543532
AuthorsLingduo Jiang (0000-0002-2559-4832, School of International Trade and Economics University of International Business and Economics Beijing China), Guofeng Zhang (0009-0009-9473-7807, School of International Trade and Economics University of International Business and Economics Beijing China, corresponding author), Hang Zhang (0000-0002-9771-0660, School of Economics and Management Tsinghua University Beijing China)
Year2023
Volume46
Issue6
Pages1609-1647
Publication date2023-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueWorld Economy (JOURNAL)
Journal identifiersISSN: 0378-5920 • E-ISSN: 1467-9701
PublisherWiley (PUBLISHER • GB)
DOI10.1111/twec.13353
OpenAlexW4308018173
LanguageEN
Citations received4
References cited32

Using Chinese Customs data for the 2007–2018 period, we investigate how Chinese exporters respond to the Belt and Road Initiative (BRI). Based on a difference‐in‐differences identification strategy, we find that the BRI causes a substantial increase in China's total exports to BRI countries at the HS‐8 digit product level, and this export‐promoting effect is due to a significant increase in export quantity. We also find that exports increase more to countries along the Maritime Silk Road than those along the Land Silk Road. Moreover, the BRI contributes to optimising the export structure by increasing the proportion of general exports, promoting intermediate exports, improving upstreamness of exports and cutting excess capacity through international market demand. Combined with the existing studies focusing on the impacts on bilateral or global trade, our study helps develop a complete picture of the BRI effects from the perspective of the sponsor country

Business · China · Chinese market · Economics · Geography · International economics · International trade · Fiscal Policy and Economic Growth · Global trade and economics · International Development and Aid

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Unique citing works4
Citations per year4
Citation span2025 - 2026 (2)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 4

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