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Convergence effect of the Belt and Road Initiative on income disparity

Evidence from China

Bibliographic Data

ID22234495
AuthorsBo Qin (0000-0002-3020-6371, Guangxi University), Dongmei Zeng (Guangxi University), Angang Gao (0000-0003-0695-4318, Guangxi University of Science and Technology, corresponding author)
Year2022
Volume9
Issue1
Pages307-307
Publication date2022-09-12
Open AccessYes
TypeARTICLE
VenueHumanities and Social Sciences Communications (JOURNAL)
Journal identifiersISSN: 2662-9992 • E-ISSN: 2662-9992
PublisherSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1057/s41599-022-01315-0
PMID36118841
OpenAlexW4295242595
LanguageEN
Citations received8
References cited86

The international economic effects of the Belt and Road Initiative (BRI) have received much attention, but few studies have focused on the impact of the BRI on domestic regional income disparities. Here, a theoretical framework is proposed based on the logic of public policy analysis in economic geography aiming at studying the impact of the BRI on the convergence of inter-city income disparities in China. Specifically, taking the BRI as a quasi-natural experiment, the impact of the BRI on the convergence of inter-city income disparities in 26 provinces of China is studied empirically using the difference-in-differences method. We find that the BRI has indeed contributed to the convergence of regional income disparities, and this convergence effect is continuously dynamic in its nature. The effects of trade opening and industrial structure transformation are the paths through which the BRI contributes to the convergence of income disparities. Furthermore, we find that there is significant heterogeneity in the effects of the BRI on the convergence of income disparities among cities in different provinces in China. The convergence effect of the BRI on the income disparities among cities in East China is small and insignificant, whereas it can significantly reduce the income disparities among cities in Central and West China. The research in this article has important application value for exploration of the regional income distribution effect of the BRI

China · Demographic economics · Development economics · Economic geography · Economic growth · Economics · Geography · Income distribution · Inequality · Fiscal Policy and Economic Growth · Local Government Finance and Decentralization · Regional Economics and Spatial Analysis

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Citations per year4
Citation span2024 - 2026 (3)
Highly citedNo

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