A study on the belt and road initiative’s trade and its influencing factors: Evidence of China-South Asia’s panel data

The Belt and Road Initiative (BRI) is a development plan proposed by China that aims to build a new platform for international cooperation and create new drivers of shared development. South Asia is a key area in the Belt and Road Initiative, including eight countries. As the BRI implemented, China’...

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Detalles Bibliográficos
Autores principales: Zhou, Ling, Mao, Yanghai, Fu, Qinyi, Xu, Danlu, Zhou, Jiaqi, Zeng, Shaolong
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Public Library of Science 2023
Materias:
Research Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10104349/
https://www.ncbi.nlm.nih.gov/pubmed/37058500
http://dx.doi.org/10.1371/journal.pone.0282167
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author Zhou, Ling
Mao, Yanghai
Fu, Qinyi
Xu, Danlu
Zhou, Jiaqi
Zeng, Shaolong
author_facet Zhou, Ling
Mao, Yanghai
Fu, Qinyi
Xu, Danlu
Zhou, Jiaqi
Zeng, Shaolong
author_sort Zhou, Ling
collection PubMed
description The Belt and Road Initiative (BRI) is a development plan proposed by China that aims to build a new platform for international cooperation and create new drivers of shared development. South Asia is a key area in the Belt and Road Initiative, including eight countries. As the BRI implemented, China’s trade with South Asia has been gradually strengthened. This paper explores the influencing factors of China-South Asia trade under the background of the BRI by using Gravity Model of Trade. The results show that economic growth in China and South Asia, increase of savings rate and improvement of industrialization in South Asia has a significant positive effect on China-South Asia trade. While the development gap between China and South Asia has negative effect on China-South Asia trade.
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spelling pubmed-101043492023-04-15 A study on the belt and road initiative’s trade and its influencing factors: Evidence of China-South Asia’s panel data Zhou, Ling Mao, Yanghai Fu, Qinyi Xu, Danlu Zhou, Jiaqi Zeng, Shaolong PLoS One Research Article The Belt and Road Initiative (BRI) is a development plan proposed by China that aims to build a new platform for international cooperation and create new drivers of shared development. South Asia is a key area in the Belt and Road Initiative, including eight countries. As the BRI implemented, China’s trade with South Asia has been gradually strengthened. This paper explores the influencing factors of China-South Asia trade under the background of the BRI by using Gravity Model of Trade. The results show that economic growth in China and South Asia, increase of savings rate and improvement of industrialization in South Asia has a significant positive effect on China-South Asia trade. While the development gap between China and South Asia has negative effect on China-South Asia trade. Public Library of Science 2023-04-14 /pmc/articles/PMC10104349/ /pubmed/37058500 http://dx.doi.org/10.1371/journal.pone.0282167 Text en © 2023 Zhou et al https://creativecommons.org/licenses/by/4.0/This is an open access article distributed under the terms of the Creative Commons Attribution License (https://creativecommons.org/licenses/by/4.0/) , which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
spellingShingle Research Article
Zhou, Ling
Mao, Yanghai
Fu, Qinyi
Xu, Danlu
Zhou, Jiaqi
Zeng, Shaolong
A study on the belt and road initiative’s trade and its influencing factors: Evidence of China-South Asia’s panel data
title A study on the belt and road initiative’s trade and its influencing factors: Evidence of China-South Asia’s panel data
title_full A study on the belt and road initiative’s trade and its influencing factors: Evidence of China-South Asia’s panel data
title_fullStr A study on the belt and road initiative’s trade and its influencing factors: Evidence of China-South Asia’s panel data
title_full_unstemmed A study on the belt and road initiative’s trade and its influencing factors: Evidence of China-South Asia’s panel data
title_short A study on the belt and road initiative’s trade and its influencing factors: Evidence of China-South Asia’s panel data
title_sort study on the belt and road initiative’s trade and its influencing factors: evidence of china-south asia’s panel data
topic Research Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10104349/
https://www.ncbi.nlm.nih.gov/pubmed/37058500
http://dx.doi.org/10.1371/journal.pone.0282167
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