Estimation of Material Capital Stock and Total Factor Productivity in Shaanxi Province under the Belt and Road Initiative

Author(s):  
Hongqiao Song ◽  
Lumin Shen
2022 ◽  
Vol 30 (6) ◽  
pp. 1-15
Author(s):  
Ruoyu He ◽  
Tomas Baležentis ◽  
Dalia Štreimikienė ◽  
Zhiyang Shen

The Belt and Road Initiative (BRI) initiated by Chinese government could be regarded as a systematic framework for promoting economic cooperation and development among the countries along the Belt and Road and China. This paper attempts to analyze economic and environmental performance in 61 developing countries along Belt and Road. An additive total factor productivity growth measure allows aggregating contributions of individual countries along the BRI to construct a reasonable measure. Both desirable and undesirable outputs are considered. The growth in the total factor productivity is decomposed with respect to the economic and environmental contributions. The annual average growth rate of green productivity is 3.1% and the disparity of economic and environmental performance could be observed among countries. Some countries show robust economic growths while environmental performance slows down green growth. This indicates that developing economies should pay attention to environmental impacts and promote sustainable development by sharing emission reduction technologies.


2019 ◽  
pp. 47-71
Author(s):  
Petr M. Mozias

China’s Belt and Road Initiative could be treated ambiguously. On the one hand, it is intended to transform the newly acquired economic potential of that country into its higher status in the world. China invites a lot of nations to build up gigantic transit corridors by joint efforts, and doing so it applies productively its capital and technologies. International transactions in RMB are also being expanded. But, on the other hand, the Belt and Road Initiative is also a necessity for China to cope with some evident problems of its current stage of development, such as industrial overcapacity, overdependence on imports of raw materials from a narrow circle of countries, and a subordinate status in global value chains. For Russia participation in the Belt and Road Initiative may be fruitful, since the very character of that project provides us with a space to manoeuvre. By now, Russian exports to China consist primarily of fuels and other commodities. More active industrial policy is needed to correct this situation . A flexible framework of the Belt and Road Initiative is more suitable for this objective to be achieved, rather than traditional forms of regional integration, such as a free trade zone.


2018 ◽  
Vol 9 (06) ◽  
pp. 20475-20182
Author(s):  
Ige Ayokunle O ◽  
Akingbesote A.O

The Belt and Road initiative is an important attempt by China to sustain its economic growth, by exploring new forms of international economic cooperation with new partners. Even though the B&R project is not the first attempt at international cooperation, it is considered as the best as it is open in nature and does not exclude interested countries. This review raised and answered three questions of how the B&R project will affect Nigeria’s economy?  How will it affect the relationship between Nigeria and China? What could go wrong?, The review concluded that Nigeria can only benefit positively from the project.


Author(s):  
Adnan Khalaf i Hammed Al-Badrani ◽  
Hind Ziyad Nafeih

The Belt and Road Initiative is an initiative to revive the ancient Silk Road, through networks of land and sea roads, oil and gas pipelines, electric power lines, the Internet and airports, to create a model of regional and international cooperation.       It is essentially a long-term development strategy, launched by the Chinese president in 2013 to become the main engine of Chinese domestic policy and foreign diplomacy and within the framework of the soft power strategy, to enhance its position and influence in the world as a peaceful and responsible country.   The study includes identifying the initiative and setting goals for China, as well as the challenges and difficulties that hinder the initiative.


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