scholarly journals Evaluation of the Effects of the Belt and Road Initiative on the Unified Economic and Environmental Efficiency of Transportation Infrastructure in China Based on Range-Adjusted Measure Model and Difference in Difference Model

Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-20
Author(s):  
Yijiao Wang
Keyword(s):  
Sustainable Development ◽  
Large Scale ◽  
Industrial Structure ◽  
Environmental Efficiency ◽  
Transportation Infrastructure ◽  
Eastern Region ◽  
Belt And Road Initiative ◽  
Positive Effects ◽  
Belt And Road ◽  
The Belt And Road

The Belt and Road Initiative has brought new opportunities for countries along the routes to develop their transportation infrastructure. Through large-scale transportation infrastructure construction, these countries enhanced the Belt and Road cooperation with each other, which further facilitates the rapid development of their own economy, but whether this can promote the sustainable development of their own environment, relevant research is still lacking. In this paper, China is taken as the study subject to evaluate the comprehensive effects that the Belt and Road Initiative exerts on the economy and environment through improving transportation infrastructure. In the study, RAM indicators were first established to measure the unified economic and environmental efficiency of transportation infrastructure, a DID model was then built to study the effects of the Initiative on the unified efficiency, and mediation models were finally created to discuss the ways in which the Belt and Road Initiative can improve the unified economic and environmental efficiency of transportation infrastructure through transformation and upgrade of industrial structure. The study result shows that the Belt and Road Initiative can significantly promote the improvement of the unified economic and environmental efficiency of the national transportation infrastructure, but the result is regionally heterogeneous. The Initiative has positive effects in improving the unified efficiency in eastern region but has no effect in the central and western regions. Although the Initiative can significantly enhance the efficiency through transforming and upgrading the industrial structure, the industrial structure rationalization plays a primary positive role. This paper provides the empirical evidences to evaluate the implementation effects of the Initiative in the transportation infrastructure sector and verifies that countries along the routes can achieve sustainable development through large-scale transportation infrastructure construction under the Belt and Road Initiative.

scholarly journals Has “the Belt and Road initiative” Improved the Pollution Level?

2021 ◽  
Vol 275 ◽  
pp. 02023
Author(s):  
Jing Zheng
Keyword(s):  
Panel Data ◽  
Technological Innovation ◽  
Foreign Investment ◽  
Industrial Structure ◽  
Pollution Level ◽  
Belt And Road Initiative ◽  
Waste Gas ◽  
Belt And Road ◽  
The Impact ◽  
The Belt And Road

Based on the panel data of 278 prefecture-level cities in China from 2008 to 2018, this paper adopts DID method to verify the impact of “the Belt and Road initiative” on pollution level of these cities, the results are still robust through the placebo test and PSM-DID, the mechanism is also analyzed. The study found that “the Belt and Road initiative” has a significant effect on the emission of wastewater, waste gas and dust of cities in China; the mechanism test shows that “the Belt and Road initiative” has significantly reduced urban environmental pollution by promoting foreign investment, upgrading industrial structure and technological innovation.

scholarly journals The 2030 Agenda for Sustainable Development and China’s Belt and Road Initiative in Latin America and the Caribbean

2019 ◽  
Vol 11 (8) ◽  
pp. 2297 ◽  
Author(s):  
Yuanbo Li ◽  
Xufeng Zhu
Keyword(s):  
Sustainable Development ◽  
Latin America ◽  
Latin American ◽  
Belt And Road Initiative ◽  
2030 Agenda ◽  
Belt And Road ◽  
Development Goals ◽  
The Caribbean ◽  
Political Economic ◽  
The Belt And Road

During the initial implementation of the 2030 Agenda for Sustainable Development (the 2030 Agenda), the Second Ministerial Meeting of the Forum of China and the Community of Latin American and Caribbean States (CELAC) was held in Santiago, Chile, in January 2018. During this forum, China officially invited 33 countries in Latin America and the Caribbean (LAC) to join the Belt and Road Initiative (BRI). This study links three important global governance issues: The 2030 Agenda, China-LAC relations and BRI. The authors attempt to analyze how China’s BRI in the LAC region can learn from the 2030 Agenda of the United Nations with 17 sustainable development goals (SDGs). This study shows that although China and the LAC region have strong political, economic and trade relationships, they must deepen dialogues and cooperation on sustainable development, especially the 2030 Agenda with 17 SDGs, which can be inspirations for China’s BRI in this region. BRI, which aligns with the 2030 Agenda and contributes to Chinese experience in development, can generate new opportunities for the LAC region to implement such an agenda. However, the challenges and risks of BRI cannot be ignored, and adequate answers and solutions should be provided to allow BRI to achieve a win–win outcome for China and LAC countries. The authors also examine the alignment of China’s policies towards LAC and BRI with the 2030 Agenda (17 SDGs) and the involvement of each SDG in these policies as the 2030 Agenda (17 SDGs) should be considered in policy-making for China’s BRI in the LAC region. Moreover, on the basis of previous analyses, suggestions for a successful BRI in the LAC region in six sectors are proposed in the context the 2030 Agenda.

scholarly journals The Belt and Road Initiative and the Sustainable Development Goals

One Earth ◽  
2020 ◽  
Vol 3 (3) ◽  
pp. 263-267
Author(s):  
Wei Liu ◽  
Alice C. Hughes ◽  
Gulshan Sachdeva ◽  
Divya Narain ◽  
Taidong Zhou ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Sustainable Development Goals ◽  
Belt And Road Initiative ◽  
The Sustainable Development ◽  
Belt And Road ◽  
Development Goals ◽  
The Belt And Road

scholarly journals China’s Belt and Road Initiative and large-scale outbound investment

2018 ◽  
Vol 1 (2) ◽  
pp. 219-240 ◽  
Author(s):  
Shen Kunrong ◽  
Jin Gang
Keyword(s):  
Large Scale ◽  
Belt And Road Initiative ◽  
Chinese Enterprises ◽  
Content Type ◽  
Cultural Exchanges ◽  
Institutional Differences ◽  
Belt And Road ◽  
The Impact ◽  
Enterprise Investment ◽  
The Belt And Road

Purpose The purpose of this paper is to comprehensively examine the influence of formal and informal institutional differences on enterprise investment margin, mode and result. Design/methodology/approach This paper is based on 2,440 micro samples of large-scale outbound investment from 609 Chinese enterprises from the years 2005 to 2016. Findings The study has found that formal institutional differences have little impact on investment scale, but significantly affect investment diversification. In order to avoid the management risks brought by formal institutional differences, enterprises tend to a full ownership structure. However, the choice between greenfield investment and cross-border mergers and acquisitions is not affected by formal institutional differences. In contrast, the impact of informal institutional differences is more extensive. Both formal and informal institutional differences significantly increase the probability of investment failure. Further research found that the Belt and Road Initiative (BRI) bridges the formal institutional differences. Originality/value The study concludes that developing the BRI, especially cultural exchanges with countries alongside the Belt and Road, will help enterprises to “go global” faster and better.

scholarly journals Heterogeneous Effects of the Belt and Road Initiative on Energy Efficiency in Participating Countries

Energies ◽  
2021 ◽  
Vol 14 (18) ◽  
pp. 5594
Author(s):  
Yan Wu ◽  
Cong Hu ◽  
Xunpeng Shi
Keyword(s):  
Energy Efficiency ◽  
Low Income ◽  
High Energy ◽  
Belt And Road Initiative ◽  
Difference In Difference ◽  
Positive Effects ◽  
Development Capacity ◽  
Heterogeneous Effects ◽  
Belt And Road ◽  
The Belt And Road

The Belt and Road investment involves a large number of renewable energy projects, but whether the energy efficiency is linked to the Belt and Road Initiative (BRI) cooperation has yet to be established in the literature. This research attempts to close this gap by looking at how the BRI affects the energy efficiency of participating nations after the fact through a counterfactual analysis. Based on the Difference-in-Difference-in-Difference (DDD) and quantile DID methods for the panel dataset covering 178 nations and areas for the period of 2002 to 2018, we explored the impacts of BRI on energy efficiency vary by different energy efficiency quantiles, resource endowments, and income levels. First, the positive effects of BRI are significant in medium-and high-energy efficiency quantiles but are not significant in low-energy efficiency quantiles for up to 30%. Second, the BRI tends to increase more energy efficiencies in resource-rich BRI countries than those in resource-poor BRI countries. Third, the BRI tends to increase more energy efficiencies in low-income BRI countries than those in high-income BRI countries. The findings can assist BRI countries in improving energy efficiency and sustainable development capacity under the initiative, thus resolving the increasing anxieties in climate change and environmental pollution in this area.

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